Announcement • Aug 29
Evps Co., Ltd. (XKON:A419700) agreed to acquire Lemons Korea Co., Ltd. from Lee Seung Eon, Oh Young Mi, Go Mal Rye, Kim Mi Kyeong, Jang Seung Woon and Kim Young Jun for approximately KRW 430 million. Evps Co., Ltd. (XKON:A419700) agreed to acquire Lemons Korea Co., Ltd. from Lee Seung Eon, Oh Young Mi, Go Mal Rye, Kim Mi Kyeong, Jang Seung Woon and Kim Young Jun for approximately KRW 430 million on August 28, 2024. Evps is paying the consideration by issuing 1,075,268 shares for 50,000 shares.
For the period ending December 31, 2023, Lemons Korea Co., Ltd. reported total revenue of KRW 195.16 million and net loss of KRW 122.99 million. As of December 31, 2023, Lemons Korea Co., Ltd. reported total debt of KRW 403.41 million, total assets of KRW 547.34 million and total common equity of KRW 143.93 million. The expected completion of the transaction is September 25, 2024.