Infinity Co.,Ltd, Cross Border LP 1 Fund and SJW Fund entered into a contract to acquire 20.09% stake in IME YOUNYI Co.,Ltd (KOSDAQ:A090740) from Younyi Holdings Co. Ltd. for KRW 18.1 billion on December 11, 2020. Infinity Co.,Ltd, Cross Border LP 1 Fund, SJW Fund and other entered into a contract to acquire 20.1% stake in IME YOUNYI Co.,Ltd (KOSDAQ:A090740) from Younyi Holdings Co. Ltd. for KRW 18.1 billion on January 14, 2021. Infinity Co.,Ltd, Cross Border LP 1 Fund, SJW Fund, Rehome C&N Co., Ltd., AB Partners Co., Ltd. and Han Hyun-kyung entered into a contract to acquire 20.1% stake in IME YOUNYI Co.,Ltd (KOSDAQ:A090740) from Younyi Holdings Co. Ltd. for KRW 18.1 billion on January 29, 2021. Under the transaction, Younyi Holdings Co. Ltd. will transfer 3.84 million in IME YOUNYI Co.,Ltd at a price of KRW 4,700 per share. As reported, a down payment of KRW 1.8 billion will be made until December 15, 2020, an intermediate payment of KRW 5.5 billion will be made on January 13, 2021 while the balance payment of KRW 10.8 billion will be made on January 20, 2021, of which, Infinity Co.,Ltd will acquire 2.72 million shares, Cross Border LP 1 Fund will acquire 0.38 million shares and SJW Fund will acquire 0.74 million shares. As part of revised contract, Infinity Co.,Ltd will acquire 0.49 million shares, Cross Border LP 1 Fund will acquire 1.23 million shares, SJW Fund will acquire 0.74 million shares, Rehome C&N will acquire 0.43 million shares, AB Partners will acquire 0.74 million and Han Hyun-kyung will acquire 0.21 million shares. Following the sale, Younyi Holdings Co. Ltd will hold 15.34% stake in IME YOUNYI Co.,Ltd. As of January 13, 2021, payment of KRW 5.5 billion was made to Younyi Holdings. As on January 25, 2021, payment of KRW 300 million was made to Younyi Holdings Co. Ltd. and balance KRW 10.5 billion will be paid on January 29, 2021. The scheduled date of closing is January 20, 2021. Infinity Co.,Ltd, Cross Border LP 1 Fund and SJW Fund completed the acquisition of 20.09% stake in IME YOUNYI Co.,Ltd (KOSDAQ:A090740) from Younyi Holdings Co. Ltd. on January 29, 2021.