Hanwool Semiconductor "Acquires 10 Billion KRW Worth of Jeju Beer Shares... 24.2% Stake"

Hanul Semiconductor announced on the 29th that it will acquire 3,790,751 shares of Jeju Beer, a beer manufacturing and sales company, for approximately 10 billion KRW.

After the acquisition, Hanul Semiconductor's stake in Jeju Beer will be 24.2%. The scheduled date for the stock acquisition is the same day as the announcement.

Hanul Semiconductor stated that the purpose of this stock acquisition is "business diversification and profit increase."