An unknown buyer acquired 4.12% stake in KG Inicis Co., Ltd. (KOSDAQ:A035600) from KG Chemical Corporation (KOSE:A001390) and KG Corp. for KRW 19.8 billion on January 9, 2018. KG Chemical Corporation sold 0.86 million shares and KG Corp. sold 0.29 million shares of KG Inicis Co., Ltd. for KRW 17204 per share. Upon completion, KG Chemical Corporation and KG Corp will own 8.2 million shares and 2.9 million shares respectively in KG Inicis Co., Ltd.

An unknown buyer completed the acquisition of 4.12% stake in KG Inicis Co., Ltd. (KOSDAQ:A035600) from KG Chemical Corporation (KOSE:A001390) and KG Corp. on January 9, 2018.