Ahn Hyungjo agreed to acquire 7.01% stake in IMAGINE ASIA Co.,Ltd. (KOSDAQ:A036260) from Kim Woonseok and Choi Ohsoon for KRW 3.8 billion on July 12, 2019. Ahn Hyungjo will acquire 2.5 million shares at KRW 1500 per share and the consideration of KRW 2 billion to be paid on signing of the agreement and the remaining KRW 1.75 billion to be paid by July 17, 2019. The transaction is expected to be completed by July 27, 2019. Ahn Hyungjo cancelled the acquisition of 7.01% stake in IMAGINE ASIA Co.,Ltd. (KOSDAQ:A036260) from Kim Woonseok and Choi Ohsoon on July 12, 2020.