Mirae F&G Co., Ltd., Alpatron Co., Ltd., Caymus Co., Ltd., Leo Motors Business Office, LK Investment Fund 1, and Lakaikorea signed a contract to acquire 60% stake in Hancom Unimax INC. (KOSDAQ:A215090) from Hancom MDS Inc. (KOSDAQ:A086960), Jaewan Lee, and Suntae Kim for KRW 31.9 billion on April 12, 2019. The buyers will acquire 11.6 million shares at a price of KRW 2750 per share in cash. Out of total consideration, 10% of the payment was made on contract date and the remaining payment will be made after the extraordinary meeting of shareholders on May 23, 2019 (closing date). Under the terms of the transaction, Hancom MDS will sell 8.2 million shares, Jaewan Lee will sell 1.9 million shares and Suntae Kim will sell 1.4 million shares. Alpatron, Caymus, Leo Motors Business Office and LK Investment Fund 1 will acquire stake from Hancom MDS. Mirae F&G and Lakaikorea will acquire stake from Hancom MDS, Jaewan Lee, and Suntae Kim. Post completion, Hancom MDS, Jaewan Lee, and Suntae Kim will not hold any stake in Hancom Unimax. On completion, Mirae F&G will hold 3.1 million shares, Lakaikorea will hold 3.1 million shares, LK Investment Fund 1 will hold 1.4 million shares, Leo Motors Business Office will hold 1.45 million shares, Caymus will hold 1.45 million shares and Alpatron will hold 1.2 million shares in Hancom Unimax. The transaction is expected to close on May 23, 2019. As of May 9, 2019, the transaction is expected to close on May 31, 2019.

Mirae F&G Co., Ltd., Alpatron Co., Ltd., Caymus Co., Ltd., Leo Motors Business Office, LK Investment Fund 1, and Lakaikorea cancelled the acquisition of 60% stake in Hancom Unimax INC. (KOSDAQ:A215090) from Hancom MDS Inc. (KOSDAQ:A086960), Jaewan Lee, and Suntae Kim on April 12, 2020.