Innowireless Co., Ltd. (KOSDAQ:A073490) agreed to acquire an additional 70% stake in Myung Sung Lifix Co. Ltd from Hwang Seok-go and Park Myung-hoon for KRW 39.1 billion on November 21, 2023. Innowireless shall finance the deal from its own funds. The transaction is expected to complete on January 10, 2024.

Innowireless Co., Ltd. (KOSDAQ:A073490) completed the acquisition of an additional 70% stake in Myung Sung Lifix Co. Ltd from Hwang Seok-go and Park Myung-hoon January 2, 2024.