NEXTURNBIOSCIENCE Co., Ltd. (KOSDAQ:A089140) agreed to acquire a 10.59% stake in Mirae Corporation (KOSE:A025560) from KANGLIM Co., Ltd (KOSDAQ:A014200) on May 23, 2023. Following this transaction, KANGLIM will dispose off 484,418 shares, representing approximately 10.59% stake in Mirae. Upon completion, NEXTURNBIOSCIENCE will own 10.59% stake in Mirae and KANGLIM's ownership will reach zero in it.

The transaction will be funded from cash on hand. The transaction is expected to close on July 12, 2023.