H&B Design Co.,Ltd. (KOSDAQ:A227100) agreed to acquire Enormous Construction Development for KRW 20.1 billion from Kim Hyun-chul, Lee Jong-hoon, Hong Samyeong and Ko Dae-woong on July 29, 2022. For the current year Enormous Construction Development reported total revenue of KRW 86 billion, total assets of KRW 95 billion, Total equity of KRW 27 billion, and net income of KRW 4 billion. The acquisition is expected to close on January 4, 2023.

As of February 27, 2023, the transaction is expected to close on February 28, 2023.