HLB Co., Ltd. (KOSDAQ:A028300) agreed to acquire remaining 99.99% stake in HLB USA, Inc. for approximately KRW 190 trillion on October 31, 2019. Under the terms, HLB Co., Ltd. will acquire 161 million shares of HLB USA, Inc. The transaction is expected to close on November 5, 2019. HLB Co., Ltd. (KOSDAQ:A028300) completed the acquisition of remaining 99.99% stake in HLB USA, Inc. on October 31, 2020.