MODETOUR NETWORK Inc. (KOSDAQ:A080160) acquired an additional 12.8% stake in MODE Tour Real Estate Investment Incorporated (KOSE:A204210) from Kyobo Securities Co., Ltd. for KRW 6 billion on September 22, 2017. MODETOUR NETWORK Inc acquired 0.99 million shares of MODE Tour Real Estate Investment Incorporated at KRW 6,000 per share and holds 33 million shares representing 42.2% stake in MODE Tour Real Estate Investment Incorporated. The transaction is resolved by the Board of MODETOUR NETWORK Inc on September 22, 2017.

MODETOUR NETWORK Inc. (KOSDAQ:A080160) completed the acquisition of an additional 12.8% stake in MODE Tour Real Estate Investment Incorporated (KOSE:A204210) from Kyobo Securities Co., Ltd. on September 22, 2017.