LJH Investment Fund 1, Daon Investment Association, and SJ Investment Fund agreed to acquire 13.23167% stake in Young Poong Paper Mfg Co.,Ltd. (KOSE:A006740) from Daiyang Metal Co., Ltd. (KOSE:A009190) for KRW 30.7 billion on November 23, 2022. Upon closing Daiyang Metal will hold 37.53% stake in Young Poong. The transaction is expected to close on January 22, 2023.

As of January 19, 2023, the transaction is expected to close on March 31, 2023.