Mutual Growth Co., Ltd. agreed to acquire 25.41% stake in APACT Co., Ltd. (KOSDAQ:A200470) from Pan Asia Semiconductor Service Co., Ltd. for KRW 38.5 billion on September 29, 2021. Under the terms Mutual Growth Co., Ltd. will acquire 4.45 million shares for KRW 8643 per share. KRW 3.85 billion will be paid on contract date and the balance on closing. Post completion Mutual Growth Co., Ltd. will hold 25.41% stake. The transaction is expected to close on November 11, 2021.