TGP Co., Ltd. and Yoonhyung Ok signed a contract to acquire 1.14% stake in Interbulls Co., Ltd. (KOSDAQ:A158310) from J Investment Fund for KRW 4 billion on April 20, 2016. Under the terms of the deal, TGP Co. and Yoonhyung Ok will acquire 0.02 million shares each for KRW 2 billion each.

For the payment, KRW 4 billion payment will be paid as the contract deposit at the same time this contract is signed. The above deposit will be paid from TGP Co. The second payment of KRW 1 billion will be paid the next day.