Wecore Co., Ltd. signed a contract to acquire 18.33% stake in Biemt Co Ltd (KOSE:A052900) from Lee Kang-Yeol for KRW 14 billion on June 11, 2013. Wecore will acquire 2 million shares at KRW 7000 per share. Wecore will pay KRW 1.4 billion on June 11, 2013 and balance KRW 12.6 billion on July 19, 2013.

The transaction is expected to close on July 19, 2013. As of June 12, 2013, the transaction is expected to close on July 26, 2013. As of July 19, 2013, it was announced that Wecore will acquire 2 million shares at KRW 6000 per share.

Wecore will pay KRW 1.4 billion on June 11, 2013 and balance KRW 10.6 billion on July 22, 2013. The expected transaction date has been changed to July 22, 2013. The expected transaction date has been changed to July 23, 2013.