Sang-jun Lee agreed to acquire 19.9% of stake in Dongwon Resource Corporation from NEXT SCIENCE Co., Ltd. (KOSE:A003580) for KRW 11.4 billion on February 21, 2022. Under the terms, Sang-jun Lee will pay initial consideration of KRW 3 billion on agreement date and the balance of KRW 8.35 billion on completion. The transaction is resolved by the board of NEXT and expected close on March 3, 2022.

Sang-jun Lee completed the acquisition of 19.9% of stake in Dongwon Resource Corporation from NEXT SCIENCE Co., Ltd. (KOSE:A003580) on March 3, 2022.