Kim, Myungsoon, Prime Fund 2 and ICEPIPE Corporation signed a contract to acquire 36.8% stake in Hansol SeenTec Co., Ltd (KOSDAQ:A099660) from Hansol Holdings Co., Ltd. (KOSE:A004150) for KRW 20 billion on April 16, 2018. Under the terms, Kim, Myungsoon, Prime Fund 2 and ICEPIPE Corporation will acquire 23.5 million shares at KRW 850 per share. Kim, Myungsoon will pay KRW 9 billion for acquiring 10.5 million shares (16.55%) in which first payment of KRW 2 billion paid on April 16, 2018 and remaining balance of KRW 7 billion will be paid on April 23, 2018. Prime Fund 2 pay KRW 8 billion for acquiring 9.41 million shares and ICEPIPE Corporation pay KRW 3 billion for acquiring 3.53 million shares on April 16, 2018. Post transaction, Hansol Holdings will not own any stake in Hansol SeenTec. The transaction is resolved by the Board of Hansol Holdings on April 16, 2018. The transaction is expected to complete on April 17, 2018. Kim, Myungsoon, Prime Fund 2 and ICEPIPE Corporation completed the acquisition of 36.8% stake in Hansol SeenTec Co., Ltd (KOSDAQ:A099660) from Hansol Holdings Co., Ltd. (KOSE:A004150) on April 17, 2018.