Dongwon Industries Co., Ltd. (KOSE:A006040) Signed a Memorandum of understanding to acquire Boryung Biopharma Company Ltd. from Boryung Partners Co., Ltd, Jay Kim, Shinhan Investment & Securities Co., Ltd and Mirae Asset Securities Co. Ltd. (KOSE:A006800) on February 23, 2023.

Dongwon Industries Co., Ltd. (KOSE:A006040) cancelled the acquisition of Boryung Biopharma Company Ltd. from Boryung Partners Co., Ltd, Jay Kim, Shinhan Investment & Securities Co., Ltd and Mirae Asset Securities Co. Ltd. (KOSE:A006800) on March 22, 2023.