ZHOU YONG NAN made the offer to acquire remaining 36.37% stake of Great Rich Technologies Limited (KOSDAQ:A900290) for KRW 30.3 billion on November 26, 2021. As per the transaction, ZHOU YONG NAN made the offer to acquire remaining 24.5 million shares at KRW 1237 per share. Post completion, HOU YONG NAN will hold 100% stake of Great Rich Technologies Limited.

Post completion, Great Rich Technologies Limited will be delisted. The offer period will commence from November 29, 2021 to January 26, 2022.