THE MIDONG Co,. Ltd. (KOSDAQ:A161570) agreed to acquire HALLA INDUSTRIES. Co., Ltd. for KRW10 billion on July 26, 2023. On July 26, 2023, at the resolution of the board of directors, we decided on the management rights and stock acquisition contract of HALLA INDUSTRIES. Co., Ltd.

THE MIDONG Co,. Ltd. (KOSDAQ:A161570) cancelled the acquisition of HALLA INDUSTRIES. Co., Ltd. for KRW10 billion on August 18, 2023.