Hyochang Industrial Co. Ltd., Meilin Partners Co., Ltd., Trinity Equity Partners Co., Ltd and 11 individuals signed a contract to acquire 46.9% stake in Sambon Precision & Electronics Co.,Ltd (KOSDAQ:A111870) from Sambon Precision & Electronics Holdings Investment Co., Ltd. for KRW 63.5 billion on June 28, 2018. A total of 4.46 million shares will be acquired as part of the deal for KRW 0.01 million per share. KRW 10 billion was paid as deposit on the signing date. Second payment of KRW 21.74 billion will be paid on July 9, 2018. Remaining KRW 31.74 billion will be paid right after the extraordinary shareholders' meeting. Hyochang Industrial Co. Ltd. will acquire 16.1% stake in Sambon Precision for KRW 21.8 billion on June 28, 2018. Hyochang Industrial will acquire 1.5 million shares. Meilin Partners Co., Ltd. acquired 0.51 million shares of Sambon Precision & Electronics Co.,Ltd for KRW 7.2 billion on June 28, 2018. On August 10, 2018, Trinity Equity Partners Co., Ltd., Blue Sky Association No.1, KH Blue Holdings, Inc., and 14 individuals signed an agreement to acquire 46.9% stake in Sambon Precision & Electronics Co.,Ltd from Sambon Precision & Electronics Holdings Investment Co., Ltd. Upon completion, KH Blue Holdings, Inc. will be the largest shareholder and will acquire 10.6% stake through this transaction. As per stock ownership status report on August 17, 2018, Hyochang Industrial terminated the contract to acquire 16.1% stake in Sambon Precision & Electronics. As on August 17, 2018, Meilin Partners Co., Ltd. cancelled the acquisition of 5.08 million shares.