Hanbat Consulting Co., Ltd. along with special associates acquired 27.96% stake in KwangHee Development-Oriented Self-Administered Real Estate Investment Trust Inc. (KOSE:A140910) from Choeun Mutual Savings Bank and others for KRW 5.4 billion on December 29, 2014. Under the terms of the deal, Hanbat Consulting acquired 0.47 million shares and special associates, Hyun-Joo Shin, Moon-Hwan Kim, Jong-Kook Kim, Sang-Sook Ahn and Yoo-Hoon Kim acquired 0.04 million shares, 3,970 shares, 0.36 million shares, 0.13 million shares and 5,616 shares respectively at an offer per share of KRW 5,280. Choeun Mutual Savings Bank sold 0.48 million shares in the transaction.

Hanbat Consulting Co., Ltd. along with special associates completed the acquisition of 27.96% stake in KwangHee Development-Oriented Self-Administered Real Estate Investment Trust Inc. (KOSE:A140910) from Choeun Mutual Savings Bank and others on December 29, 2014.