An unknown buyer and four other individuals acquired 49.3% stake in Boryung Pharmaceutical Co., Ltd. (KOSE:A003850) from Boryung Industry Co Ltd and others on January 4, 2017. Under the terms of the agreement, Boryung Industry Co Ltd sold 2.7 million shares representing approximately 30.2% stake and the buyers acquired 4.36 million shares representing 49.33% in Boryung Pharmaceutical Co., Ltd. An unknown buyer and four other individuals completed the acquisition of 49.3% stake in Boryung Pharmaceutical Co., Ltd. (KOSE:A003850) from Boryung Industry Co Ltd and others on January 4, 2017.