Wonik Pne Co., Ltd (KOSDAQ:A131390) entered into a share transfer agreement to acquire 38.02% stake in NS Co., Ltd (KOSDAQ:A217820) from Lee, Se-yong, Go, Eun-hwa, Lee Seon-hee and Lee, Hae-ji for KRW 59.5 billion on November 5, 2021. Transaction is expected to close on December 23, 2021.

Wonik Pne Co., Ltd (KOSDAQ:A131390) completed the acquisition of 38.02% stake in NS Co., Ltd (KOSDAQ:A217820) from Lee, Se-yong, Go, Eun-hwa, Lee Seon-hee and Lee, Hae-ji on December 23, 2021. The transaction is financed by KRW 14.5 billion from Wonik Pne Co., Ltd's own funds and KRW 45 billion from borrowings.