An unknown buyer agreed to acquire 13.5% stake in DMD Technology Sdn. Bhd. from The Hanryu Times Co., Ltd. (KOSDAQ:A039670) for KRW 5.4 billion on July 17, 2019. The disposal amount will offset disposal with the 24th convertible bond of The Hanryu Times Co., Ltd., and this bond will be written down. An unknown buyer cancelled the acquisition of 13.5% stake in DMD Technology Sdn. Bhd. from The Hanryu Times Co., Ltd. (KOSDAQ:A039670) on July 17, 2020.