Sempio Company (KOSE:A007540) made an tender offer to acquire additional 19% stake in Sempio Foods Company (KOSE:A248170) from Park, Jinsun, Park, Yonghak and others for KRW 26.3 billion on November 24, 2016. Sempio Company will acquire 0.87 million shares and will issue 0.65 million shares for the acquisition. The shares will be delivered on February 1, 2017. The tender offer period is from December 26, 2016 to January 16, 2017. Sempio Company amended the tender offer to acquire additional 19% stake in Sempio Foods Company for KRW 27.5 billion on November 24, 2016. Sempio Company will issue 0.72 million shares for the acquisition. Mirae Asset Daewoo Co., Ltd. acted as service handling companies.

Sempio Company (KOSE:A007540) completed the acquisition of additional 19% stake in Sempio Foods Company (KOSE:A248170) from Park, Jinsun, Park, Yonghak and others for KRW 27 billion on January 16, 2017. Sempio acquired 0.87 million shares and issued 0.71 million shares as consideration.