Handok Inc. (KOSE:A002390) agreed to acquire an additional 16% stake in Genexine, Inc. (KOSDAQ:A095700) for KRW 25.8 billion on March 24, 2014. Under the terms of the transaction, Handok will acquire 1 million shares in the transaction to hold a total of 2.2 million shares in Genexine post transaction. Expected transaction settlement date is March 24, 2014.

Handok Inc. (KOSE:A002390) cancelled the acquisition of an additional 16% stake in Genexine, Inc. (KOSDAQ:A095700) on March 24, 2015.