An unknown buyer agreed to acquire SEBO TECH Co., Ltd. from Haeduk Powerway Co.,Ltd. (KOSDAQ:A102210) for KRW 9 billion on September 10, 2019. Haeduk Powerway Co.,Ltd. will sell 0.16 million shares at KRW 56,250 per share. As of March 4, 2020, the first interim payment of KRW 1 billion will be paid on March 4, 2020, the second interim payment of KRW 1 billion will be paid on March 5, 2020, the third interim payment of KRW 2.05 billion will be paid on March 25, 2020 and the balance of KRW 4.05 billion will be paid on March 31, 2020. As per the update on March 3, 2020, middle payment amounted KRW 4.05 billion will be paid on March 3, 2020 and balance KRW 4.05 billion will be paid on March 31, 2020. As of March 25, 2020, the third interim payment of KRW 1.7 billion will be paid on March 31, 2020 and the balance of KRW 4.4 billion will be paid on May 14, 2020. As of May 14, 2020, the balance of KRW 4.4 billion will be paid on June 19, 2020. As of June 19, 2020, the balance of KRW 4.4 billion will be paid on June 26, 2020. As of June 26, 2020, the balance of KRW 4.4 billion will be paid on July 10, 2020. As of July 10, 2020, the balance of KRW 4.4 billion will be paid on July 24, 2020, and the delayed compensation of KRW 10 million has been agreed with Haeduk Powerway and the purchaser and has to be paid together with the balance at the final balance date. As of July 24, 2020 the balance of KRW 4.4 billion will be paid on August 7, 2020 and the delayed compensation of KRW 20 million has been agreed with Haeduk Powerway and the purchaser and has to be paid together with the balance at the final balance date. As of August 7, 2020, the balance payment will be paid by August 21, 2020. On August 21, 2020, the remaining balance payment of KRW 4.4 billion out of which KRW 4 billion will be paid on September 4, 2020 and KRW 40 million will be paid as a deferred compensation on closing date. The transaction is resolved by the Board of Directors of Haeduk Powerway Co.,Ltd. The transaction is expected to close on December 9, 2019. As of February 25, 2020, the expected closing date has been postponed to March 31, 2020. As of March 25, 2020, the transaction is expected to complete on May 14, 2020. As of May14, 2020, the transaction is expected to be completed on June 19, 2020. As of June 19, 2020, the transaction is expected to be completed on June 26, 2020. As of June 26, 2020, completion is expected on July 10, 2020. As of July 10, 2020, completion is expected on July 24, 2020. As of July 24, 2020 the expected completion of the transaction is August 7, 2020. As of August 7, 2020 the expected completion of the transaction is August 21, 2020. As of August 21, 2020, the expected completion of the transaction is September 4, 2020. As of September 4, 2020, the transaction is expected to get closed on October 7, 2020. An unknown buyer cancelled the acquisition of SEBO TECH Co., Ltd. from Haeduk Powerway Co.,Ltd. (KOSDAQ:A102210) on November 11, 2020. The down payment of KRW 900 million and delayed compensation amount of KRW 60 million was confiscated.