Samyang Packaging Corporation agreed to acquire Asepsys Global Co.,Ltd from Standard Chartered Private Equity Limited and others on May 22, 2015. Samyang Packaging Corporation will issue 0.6002417 shares for each share of Asepsys Global. The number of stock to be issued will be 6.9 million shares. As a result of the merger, the equity ratio held by Samyang Corporation in Samyang Packaging Corporation will be changed from 100% to 51%. Post acquisition, Asepsys Global will be dissolved. Asepsys Global reported revenue of KRW 11.7 billion, total assets of KRW 436 billion, total common equity of KRW 104 billion and net loss of 11.4 billion for the year ended December 31, 2014. The expected date of general meeting of stockholders is May 26, 2015. The merger is expected to close on July 1, 2015.

Samyang Packaging Corporation completed the acquisition of Asepsys Global Co.,Ltd from Standard Chartered Private Equity Limited and others in July 2015.