Kiwoom Securities Co., Ltd. (KOSE:A039490) acquired approximately 1.8% stake in Biocore Co., Ltd. from SCL Healthcare Co., Ltd. and Kyungryul Lee for approximately KRW 1.6 billion on July 28, 2016. As part of the transaction, Kiwoom Securities acquired approximately 0.11 million shares from SCL Healthcare and 18,846 shares from Kyungryul Lee at a price of KRW 13,000 per share in an off-market transaction. Post-transaction, SCL will retain 70,000 shares in Biocore. In related transactions, Seunghyun Lee acquired approximately 2.67% stake in Biocore Co., Ltd. from K2 Asset Securitization Specialty Investment Fund, Korea Omega Venture Investment No.1 Fund, MAVI New Growth Good Corporation Investment Fund No. 1, MAVI New Growth Good Corporation Investment Fund No. 2 for approximately KRW 2.1 billion.

Kiwoom Securities Co., Ltd. (KOSE:A039490) completed the acquisition of approximately 1.8% stake in Biocore Co., Ltd. from SCL Healthcare Co., Ltd. and Kyungryul Lee on July 28, 2016.