Media Pop Co., Ltd. and an unknow buyer agreed to acquire 5.3% stake in H&B Design Co.,Ltd. (KOSDAQ:A227100) from Salutaris 1 Fund for KRW 12 billion on July 29, 2022. Under the terms of the transaction, Media Pop Co., Ltd. will acquire 543,230 shares and an unknow buyer will acquire 174,646 shares in H&B Design Co.,Ltd. for KRW 16,716 per share. Upon completion, Salutaris 1 Fund will own 2.5% stake in H&B Design Co.,Ltd. The transaction is expected to close on December 31, 2022.

Media Pop Co., Ltd. and an unknow buyer completed the acquisition of 5.3% stake in H&B Design Co.,Ltd. (KOSDAQ:A227100) from Salutaris 1 Fund on February 28, 2023.