Curoholdings Co.,Ltd. (KOSDAQ:A051780) agreed to sell 5.7% stake in Curocom Co. Ltd. (KOSDAQ:A040350) for KRW 5.9 billion on March 6, 2015. Under the terms of the transaction, Curoholdings will sell 5 million shares.

As of May 6, 2015, Curoholdings Co.,Ltd. agreed to sell 5.64% stake in Curocom Co. Ltd. for KRW 6.4 billion. Post transaction, Curoholdings Co.

will hold 9.21 million shares in Curocom Co. Ltd. On March 6, 2015, the transaction was resolved by the Board of Directors of Curocom Co. Ltd. The scheduled date of sale is March 6, 2015.