Eomji House Co., Ltd. (XKON:A224810) agreed to acquire an additional 8.9% stake in Yogibo Korea Inc for approximately KRW 500 million on March 20, 2018. Under the terms, Eomji House Co., Ltd. will acquire 9,524 shares of Yogibo Korea Inc and the payment will be done on March 20, 2018. Concurrently, Eomji House Co., Ltd. agreed to acquire 16,000 new shares in Yogibo Korea Inc at KRW 75,000 per share. Post completion of the transactions, Eomji House Co., Ltd. will hold 25,524 shares, representing 20.67% stake in Yogibo Korea Inc. For the year ended December 31, 2017, Yogibo Korea Inc had total assets of KRW 1.8 billion, total capital of KRW 203 million, sales of KRW 2.1 billion and net profit of KRW 114 million. The transaction was resolved by the Board of Directors of Eomji House Co., Ltd. on March 20, 2018. Eomji House Co., Ltd. (XKON:A224810) cancelled the acquisition of an additional 8.9% stake in Yogibo Korea Inc on March 20, 2019.