Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) acquired remaining 5% stake in Mcieta Development Co., Ltd. from SK Securities Co., Ltd. (KOSE : A001510) and KEB Hana Bank Co., Ltd. for KRW 6 billion on October 7, 2019. Taeyoung Engineering & Construction acquired 4.9% stake from SK Securities at KRW 7,950 per share and acquired 0.1% stake from KEB Hana Bank Co., Ltd. for KRW 7,193 per share. Before transaction, Taeyoung Engineering & Construction held 95% stake, SK Securities held 4.9% stake and KEB Hana Bank held 0.15 stake. Post transaction, Taeyoung Engineering & Construction hold 100% stake, SK Securities holds no stake and KEB Hana Bank holds no stake.

Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) completed the acquisition of remaining 5% stake in Mcieta Development Co., Ltd. from SK Securities Co., Ltd. (KOSE : A001510) and KEB Hana Bank Co., Ltd. for KRW 6 billion on October 7, 2019.