My Asset Investment Management Advisory Co., Ltd. announced a private placement of 499,751 shares of registered 3rd preferred stock at KRW 5,000 per share for gross proceeds of KRW 2,498,755,000 on September 8, 2016. The round will include participation from returning investor, KOREIT (KOSDAQ:A034830). The shares will be issued at its par value. The payment date is September 23, 2016. All securities to be issued will have a hold period of one year. The board of directors of the company approved the transaction.