ByungNyun Chun, Chief Executive Officer of WOOJUNG BIO, Inc., acquired an additional stake in WOOJUNG BIO, Inc. (KOSDAQ:A215380) for KRW 2 billion on July 22, 2020. Under the terms, ByungNyun acquired 353,294 shares of WOOJUNG at KRW 5,661 per share. On completion, ByungNyun holds 41.75% stake in WOOJUNG. ByungNyun Chun is financing this transaction by borrowing funds from HYUNDAI MOTOR SECURITIES CO.,LTD. and Hana Bank ByungNyun Chun, Chief Executive Officer of WOOJUNG BIO, Inc., completed the acquisition of an additional stake in WOOJUNG BIO, Inc. (KOSDAQ:A215380) on July 22, 2020.