KD Nature & Bio CO.,LTD (KOSDAQ:A072520) agreed to acquire APR Lab Co., Ltd. from Sungjoo Kim, Heungmo yang, and Yoojin Kim for KRW 7.3 billion on November 29, 2018. Under the terms of the transaction, KD Nature & Bio CO.,LTD will acquire 0.02 million shares. Sungjoo Kim, Heungmo yang, and Yoojin Kim will transfer 22,480 shares, 1,710 shares, and 250 shares respectively. The consideration will be paid on November 29, 2018 by the issuance of 12th Round coupon unguaranteed private convertible bond. For the year ended December 31, 2017, APR Lab Co., Ltd. reported total assets of KRW 9.9 million, total capital of KRW 7.7 million, sales of KRW 0, and net loss of KRW 2.3 million. The transaction was resolved by the Board of KD Nature & Bio CO.,LTD on November 29, 2018. The transaction is expected to close on November 29, 2018. Cheongan Accounting Corporation acted as external rating institution. KD Nature & Bio CO.,LTD (KOSDAQ:A072520) cancelled the acquisition of APR Lab Co., Ltd. from Sungjoo Kim, Heungmo yang, and Yoojin Kim on November 29, 2019.