Hyulim ROBOT Co.,Ltd. (KOSDAQ:A090710) signed contract to acquire 2.9% stake in Sambu Engineering & Construction Co., Ltd (KOSE:A001470) for KRW 13.6 billion on March 22, 2022. As per the transaction, Hyulim ROBOT Co.,Ltd. agreed to acquire 4.41 million shares. The Board of Directors has passed the resolution for the transaction.

Transaction is expected to complete on March 25, 2022.