Hyungjo Ahn signed an agreement to acquire 7.01% stake in IMAGINE ASIA Co.,Ltd. (KOSDAQ:A036260) from Kim Woonseok and Ohsoon Choi for KRW 3.8 billion on June 27, 2019. Hyungjo Ahn will acquire 2.5 million shares at a price of KRW 1500 per share. Out of total consideration, KRW 2 billion was paid at the date of contract and the balance of KRW 1.8 billion will be paid on July 17, 2019. Kim Woonseok will sell 1.5 million shares for KRW 250 million and Ohsoon Choi will sell 1 million shares for KRW 1.5 billion. Hyungjo Ahn completed the acquisition of 7.01% stake in IMAGINE ASIA Co.,Ltd. (KOSDAQ:A036260) from Kim Woonseok and Ohsoon Choi on July 17, 2019.