Mosaic Ventures, Luck & Trust Co., Ltd., Han International Co., Ltd., Hannam World and Medi Forum Co.,Ltd. signed an agreement to acquire 20.9% stake in Kolen Co., Ltd (KOSDAQ:A078650) from Biolog Device Co., Ltd. (KOSDAQ:A208710) for KRW 15.5 billion on April 21, 2021. As per the transaction, Unibada, Han International, Hannam World and Medi Forum Co.,Ltd. will acquire 14.43 million shares at KRW 1074 per share. Unibada, Han International, Hannam World and Medi Forum Co.,Ltd. has paid down payment of KRW 7 billion on April 21, 2021 and balance payment payable on June 2, 2021. Post completion, Biolog Device Co., Ltd. will hold no stake in Kolen Co., Ltd. The Board of Biolog Device resolved this transaction on May 14, 2021. Completion date has been changed from May 25, 2021 to June 2, 2021.