In I & V Co., Ltd, Share Investment Co., Ltd., Byron Co., Ltd. and LJ Partners Co., Ltd. signed an initial contract to acquire 36.02% stake in Gold Pacific Co., Ltd. (KOSDAQ:A038530) from Balancers Co., Ltd., Bio Prevention Co., Ltd. and Everrich Partners Co., Ltd. for KRW 20 billion on February 15, 2019. KNT K Stone 1st Private Equity Fund signed a changed contract to acquire 12.5% stake in Gold Pacific Co., Ltd. (KOSDAQ:A038530) from Balancers Co., Ltd., Bio Prevention Co., Ltd. and Everrich Partners Co., Ltd. for KRW 20 billion on February 15, 2019. Under the transaction, In I & V Co., Ltd, Share Investment Co., Ltd., Byron Co., Ltd.and LJ Partners Co., Ltd. will acquire 0.82 million shares respectively. As per amendment terms changed on March 25, 2019, KNT K Stone 1st Private Equity Fund will acquire 3.3 million shares of Gold Pacific. Balancers Co., Ltd., Bio Prevention Co., Ltd. and Everrich Partners Co., Ltd. will sale 2.5 million, 0.5 million and 0.4 million shares respectively. A down payment of KRW 2 billion shall be made on contract signing date, second payment of KRW 2 billion paid on March 20, 2019 and remaining balance of KRW 16 billion paid on March 25, 2019. The transaction will be funded by KNT K Stone 1st Private Equity Fund through own funds of KRW 20 billion. Directors and auditors that are designated by K&TK Stone Fund 1 will be selected at the general meeting of shareholders in March 2019, and the management right will be changed. The transaction is expected to complete on March 26, 2019. KNT K Stone 1st Private Equity Fund completed the acquisition of 12.5% stake in Gold Pacific Co., Ltd. (KOSDAQ:A038530) from Balancers Co., Ltd., Bio Prevention Co., Ltd. and Everrich Partners Co., Ltd. on March 25, 2019.