Hanchang Corporation (KOSE:A005110) agreed to acquire additional 10% stake in Hanchang Green Holdings Co., Ltd. for KRW 3 billion on August 17, 2021. The consideration will be in cash and convertible bonds issued by Hanchang Corporation. The transaction is expected to close on September 17, 2021. As per the correction on September 17, 2021, the transaction is expected to close on February 17, 2022.

Hanchang Corporation (KOSE:A005110) cancelled the acquisition of additional 10% stake in Hanchang Green Holdings Co., Ltd. on February 17, 2022.