Deokcheon Co., Ltd., Ian Network, Inc. and Daepyeong Bioscience Co., Ltd. entered into a letter of intent to acquire 5.580669% stake in HYSONIC Co., Ltd. from Nokwon Commercials & Industries, Inc. (KOSDAQ:A065560) for SEK 1.5 billion on November 8, 2022. The buyers acquired 0.75 million shares out of 13.43925 shares. The transaction is expected to complete on November 30, 2022.

Deokcheon Co., Ltd., Ian Network, Inc. and Daepyeong Bioscience Co., Ltd. completed the acquisition of 5.580669% stake in HYSONIC Co., Ltd. from Nokwon Commercials & Industries, Inc. (KOSDAQ:A065560) on December 15, 2022.