Iljun Lee signed a stock transfer contract to acquire a 21.39% stake in Jaanh Cosmetics,Inc. (KOSDAQ:A219550) from Yuzinmp 1st Co., Ltd. for KRW 10 billion on September 13, 2021. As per terms of transaction, Iljun Lee will make down payment of KRW 1 billion and and balance of KRW 9 billion will be paid on September 30, 2021. Transaction is expected to complete on September 30, 2021.