Hahn & Company agreed to acquire 53% stake in Namyang Dairy Products Co., Ltd (KOSE:A003920) from Wonsik Hong, Woonkyung Lee and Seungui Hong for approximately KRW 310 billion on May 27, 2021. Hahn & Company will acquire 378,938 shares. The payment will be made 13 business days after the completion of the prerequisites or the date the parties agree. However, if there is no agreement of the parties, it cannot exceed August 31, 2021. The transaction is expected to close by August 31, 2021. Hahn & Company cancelled the acquisition of 53% stake in Namyang Dairy Products Co., Ltd (KOSE:A003920) from Wonsik Hong, Woonkyung Lee and Seungui Hong on August 31, 2021.