Hwasubun Networks Co., Ltd acquired additional 3% stake in Gurum Company Inc. from Sang-Hyun Jeon for KRW 1.1 billion on September 6, 2016. Under the terms, 0.1 million shares are acquired at KRW 0.01 million per share. Post this transaction, Sang-Hyun Jeon will hold 0.5 million shares in Gurum Company Inc. Hwasubun Networks Co., Ltd completed the acquisition of additional 3% stake in Gurum Company Inc. from Sang-Hyun Jeon on September 6, 2016.