SK ecoplant Co.,Ltd. signed a share transfer agreement to acquire a 13.52% stake in Samkang M&T Co.,Ltd (KOSDAQ:A100090) from Song Moo-seok and Song Jeong-seok for KRW 49.9 billion on November 16, 2021. As per terms, 1,666,666 shares will be taken at 30,000 per share of which Moo-Seok Song, transfers 833,333 shares out of 6,691,392 shares, and Jeong-Seok Song, transfers 833,333 shares out of 6,707,258, both will receive a consideration of 24.9 billion each. SK Eco Plant.

In other capital increase transaction SK ecoplant Co.,Ltd. shall acquire share so as to increase its shareholding to 31.83% post completion of both. The transaction is expected to close on March 31, 2021.