An unknown largest shareholder of Ezwel Co., Ltd. agreed to acquire Intouch Tour Co., Ltd. from Ezwel Co., Ltd. for approximately KRW 760 million.
January 24, 2021
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An unknown largest shareholder of Ezwel Co., Ltd. (KOSDAQ:A090850) agreed to acquire Intouch Tour Co., Ltd. from Ezwel Co., Ltd. (KOSDAQ:A090850) for approximately KRW 760 million on December 15, 2020. The Board of Ezwel Co., Ltd. passed a resolution for the deal on December 15, 2020. The expected date of disposition may change due to court approval, approval, and consultation with related agencies under related laws. The scheduled sales date earlier was January 25, 2021 and as per disclosure of January 25, 2021, the deal is expected to be closed on February 8, 2021. The transaction is expected to close on January 27, 2021.
Hyundai Ezwel Co Ltd, formerly Ezwel Co Ltd, is a Korea-based company primarily engaged in the provision of welfare services. The Company conducts businesses related to corporate and social welfare services such as selective welfare, welfare packages, and public welfare services. In addition, the Company, along with its subsidiaries, is involved in the development and consultation of software related to selective welfare projects, the operation of e-commerce, the provision of comprehensive medical information and employee assistance programs (EAPs), mental health care services, and travel tourism services. In addition, the Company is engaged in investments and the business of real estate construction and rental.
HYUNDAI EZWEL CO.,LTD. 
