RNL Bio Co., Ltd. (KOSE:A003190) agreed to acquire remaining 95.2% stake in RNL Sammi Co., Ltd. (KOSE:A007390) from KAONI Co. Ltd., Kim, Ji-taek, Kim, Hui-taek, R & L Natural Life Co., Ltd. and other shareholders for KRW 10.3 billion in stock on May 12, 2011. RNL Bio will issue 0.1625430 shares for every share of RNL Sammi. The Board of Directors of RNL Bio Co. passed a resolution for the transaction on May 12, 2011. The creditors can submit their objection from June 25, 2011 to July 26, 2011. The transaction is expected to be completed by July 27, 2011. The transaction is subject to approval of shareholders. As of June 9, 2011, the revised schedule for the creditors to submit their objection is from July 23, 2011 to August 24, 2011. The transaction is now expected to complete on August 25, 2011.

As of September 1, 2011, it was announced that the scheduled general meeting of stockholders will take place on September 30, 2011, the revised schedule for the creditors to submit their objection is from October 4, 2011 to November 5, 2011. The transaction is now expected to complete on November 7, 2011.

As on November 24, 2011, there were some amendments in merger schedule. Before amendment, the submission period of existing share certificates was from December 12, 2011 to January 13, 2012 and after amendment it is December 28, 2011 to January 30, 2012; before amendment, the expected period for suspension of stock trading was January 12, 2012 to January 30, 2012 and after amendment it is January 27, 2012 to February 13, 2012; before amendment, the period of submission of objections from creditors was December 12, 2011 to January 13, 2012 and after amendment it is December 28, 2011 to January 30, 2012; before amendment, the general meeting of shareholders for approval was to be held on December 9, 2011 and after amendment the meeting date is December 27, 2011. The expected closing date is also revised from January 14, 2012 to January 31, 2012.

As on December 12, 2011, the merger schedule was again revised. Before amendment, the submission period of existing share certificates was from December 28, 2011 to January 30, 2012 and after amendment it is January 18, 2012 to February 20, 2012. As on January 2, 2012, there were some amendments in merger schedule. Before amendment, the submission period of existing share certificates was from January 18, 2012 to February 20, 2012 and after amendment it is February 10, 2012 to March 13, 2012. The deal is expected to close on March 14, 2012. As on January 20, 2012, the merger schedule was amended. As per the amended schedule, the stockholder's general meeting date has changed from February 9, 2012 to April 10, 2012 and the submission period of existing share certificates has changed to April 11, 2012 to May 14, 2012. The earlier expected period for suspension of stock trading was from March 12, 2012 to March 29, 2012 and after amendment it is May 11, 2012 to May 29, 2012; the earlier period of submission of objections from creditors was February 10, 2012 to March 13, 2012 and after amendment it is April 11, 2012 to May 14, 2012. The deal is expected to close on May 15, 2012.

As on March 26, 2012, the merger schedule was amended. As per the amended schedule, the stockholder's general meeting date has changed from April 10, 2012 to June 15, 2012 and the submission period of existing share certificates has changed to June 18, 2012 to July 20, 2012. The earlier expected period for suspension of stock trading was from May 11, 2012 to May 29, 2012 and after amendment it is July 21, 2012 to August 6, 2012; the earlier period of submission of objections from creditors was April 11, 2012 to May 14, 2012 and after amendment it is June 18, 2012 to July 20, 2012. The deal is expected to close on July 23, 2012.

As on May 31, 2012, the merger schedule was again revised. As per the revised schedule, the stockholder's general meeting date has changed to July 11, 2012 and the submission period of existing share certificates has changed to July 12, 2012 to August 13, 2012. The expected period for suspension of stock trading will now be August 10, 2012 to August 30, 2012, the period of submission of objections from creditors will be July 12, 2012 to August 13, 2012, and the submission period of notice for merger opposition will be June 26, 2012 to July 10, 2012. The deal is expected to close on August 14, 2012.

As on June 26, 2012, the merger schedule was amended. As per the amended schedule, the stockholder's general meeting date has changed to August 14, 2012 and the submission period of existing share certificates has changed to August 16, 2012 to September 17, 2012. The expected period for suspension of stock trading has been amended to September 14, 2012 to September 27, 2012 and the period of submission of objections from creditors was amended to August 16, 2012 to September 17, 2012. The deal is expected to close on September 18, 2012.

As on July 30, 2012, the merger schedule was amended. As per the amended schedule, the stockholder's general meeting date has changed to September 13, 2012 and the submission period of existing share certificates has changed to September 14, 2012 to October 16, 2012. The expected period for suspension of stock trading has been amended to October 15, 2012 to October 30, 2012 and the period of submission of objections from creditors was amended to September 14, 2012 to October 16, 2012. The deal is expected to close on October 17, 2012.

As on August 28, 2012, the merger schedule was amended. As per the amended schedule, the stockholder's general meeting date has changed to October 9, 2012 and the submission period of existing share certificates has changed to October 10 14, 2012 till November 12, 2012. The expected period for suspension of stock trading has been amended to November 9, 2012 till November 26, 2012 and the period of submission of objections from creditors was amended to October 10, 2012 till November 12, 2012. The deal is expected to close on November 13, 2012.

As of September 24, 2012, the scheduled date of general meeting of stockholders has changed to November 7, 2012 and the submission period of existing share certificates has changed to November 8, 2012 till December 10, 2012. The expected period for suspension of stock trading has been amended to December 7, 2012 till December 24, 2012 and the period of submission of objections from creditors was amended to November 8, 2012 till December 10, 2012. The deal is expected to close on December 11, 2012.

As of October 23, 2012, the number of shares to be issued has been reduced to 4.4 million, the scheduled date of general meeting of stockholders has changed to December 6, 2012 and the submission period of existing share certificates has changed to December 7, 2012 till January 8, 2013. The deal is expected to close on January 9, 2013. As of January 22, 2013, the closing of the transaction has been postponed to April 9, 2013.

RNL Bio Co., Ltd. (KOSE:A003190) cancelled the acquisition of remaining 95.2% stake in RNL Sammi Co., Ltd. (KOSE:A007390) from KAONI Co. Ltd., Kim, Ji-taek, Kim, Hui-taek, R & L Natural Life Co., Ltd. and other shareholders on February 25, 2013.