An unknown investment company agreed to acquire Tapex Co Ltd from Hansol Chemical Co., Ltd. (KOSE:A014680) and others on July 15, 2016. Under the terms, merger ratio will be 1:6.0197014 between Tapex Co Ltd and the investment company. The deal is expected to close by August 31, 2016 and registered date is September 2, 2016.

General meeting of shareholders is scheduled for July 29, 2016.