sajonambuham Co,Ltd. signed a contract to acquire Sajo Oyang Corporation (KOSE:A006090) in a reverse merger transaction on March 19, 2015. Under the terms of the transaction, Sajo Oyang Corporation will issue 5.1 million new shares for 32.2 million shares of sajonambuham Co,Ltd. at a exchange ratio of 1 is to 6.37. Post acquisition, Sajo Oyang Corporation will be the surviving entity and SAJO NAMBUHAM will be dissolved entity.

Sajo Oyang and sajonambuham's Board of Directors passed a resolution for the transaction on March 19, 2015. Sajo Oyang and sajonambuham's shareholders approved the transaction on May 12, 2015. The deal is expected to close on June 16, 2015.

The scheduled delivery date of merger new shares is July 1, 2015. The scheduled listing date of new shares is July 2, 2015. Nexia-Samduk acted as an external evaluating agency.