Lumimicro Co., Ltd (KOSDAQ:A082800) acquired an additional 3.54% stake in Kumho HT, Inc. (KOSE:A214330) from Douglas Fund 3 for KRW 3.4 billion on December 24, 2018. Lumimicro Co., Ltd acquired 0.43 million shares of Kumho HT, Inc. in cash. Lumimicro Co., Ltd paid KRW 3.4 billion on December 24, 2018. After the transaction, Lumimicro Co., Ltd holds 3.19 million shares amounting to 26.29% stake in Kumho HT, Inc. The Board of Directors passed a resolution for the transaction on December 24, 2018. The transaction is expected to be completed on December 24, 2018.

Lumimicro Co., Ltd (KOSDAQ:A082800) completed the acquisition of an additional 3.54% stake in Kumho HT, Inc. (KOSE:A214330) from Douglas Fund 3 on December 24, 2018.