Summit Invest Fund and 10 others acquired 5% stake in MP Hankang CO., Ltd. (KOSDAQ:A219550) from MP Group Inc. for KRW 6.2 billion on October 15, 2018. Under the transaction, MP Group Inc. sold 2.8 million shares at KRW 2,200 per share.

Summit Invest Fund and 10 others completed the acquisition of 5% stake in MP Hankang CO., Ltd. (KOSDAQ:A219550) from MP Group Inc. on October 15, 2018.