L&A Holdings Co., Ltd. and five others signed a share transfer agreement to acquire 31.33% stake in Fantagio Corp. (KOSDAQ:A032800) from Gold-Finance Korea Ltd. for KRW 15 billion on April 14, 2020. Under the terms of the transaction, L&A Holdings Co., Ltd. will acquire 8.3 million shares representing 11.46% stake of Fantagio Corp. Buyers will pay KRW 660 per share for the shares to be acquired. Down payment of KRW 3 billion will be made on April 17, 2020 and balance of KRW 12 billion on May 27, 2020. The deal is expected to close on May 27, 2020.