Arthur Mine Fund and Flare Fund acquired 9.6% stake in Jokwang ILI Co., Ltd. (KOSDAQ:A044060) from Gold Pacific Co., Ltd. (KOSDAQ:A038530) for KRW 9.7 billion on November 10, 2020. As a result of the transaction, Gold Pacific reduced its stake in Jokwang from 11.99% to 2.39%. The Board of Gold Pacific resolved the transaction on November 10, 2020.

Arthur Mine Fund and Flare Fund completed the acquisition of 9.6% stake in Jokwang ILI Co., Ltd. (KOSDAQ:A044060) from Gold Pacific Co., Ltd. (KOSDAQ:A038530) on November 10, 2020.