Chungdahm Learning, Inc. (KOSE:A096240) acquired an additional 9.02% stake in CMS Education Co., Ltd. for KRW 2.3 billion on April 1, 2013. Chungdahm Learning will acquire 0.12 million shares OF CMS Education at a price of KRW 18720 per share. As a result of the acquisition, Chungdahm Learning's stake in CMS Education will increase to 63.91% stake. CMS Education reported KRW 23.76 billion of sales, KRW 3.53 billion of net income, KRW 16.16 billion of total assets and KRW 10.87 billion of total common equity for the year ended December 31, 2012.

Chungdahm Learning, Inc. (KOSE:A096240) completed the acquisition of an additional 9.02% stake in CMS Education Co., Ltd. on April 1, 2013.