Calvin Dunn Global M & A Fund First Private Equity Partnership entered into share transfer agreement to acquire Kimjonghak Production, Inc. from ESA Co., Ltd. (KOSDAQ:A052190) for KRW 10.5 billion on September 24, 2019. As per the terms, consideration will be payable in cash and Calvin Dunn Global M & A Fund First Private Equity Partnership will acquire 495,286 shares. Consideration of KRW 3 billion will be paid on September 24, 2019 and remaining KRW 7.5 will be pain on November 25, 2019. For the financial year December 31, 2018, Kimjonghak Production, Inc. reported revenue of KRW 21 billion, total asset of KRW 26 billion, net loss of KRW 581 million, total debt of KRW 9 billion. Calvin Dunn Global M & A Fund First Private Equity Partnership completed the acquisition of Kimjonghak Production, Inc. from ESA Co., Ltd. (KOSDAQ:A052190) on November 25, 2019.