Ottogi Corp. (KOSE:A007310) acquired 0.25% stake in Choheung Corporation (KOSE:A002600) from Dong-Ho Ham for approximately KRW 100 million on August 3, 2012. Ottogi Corp acquired 1496 shares of Choheung for KRW 68,700 per share. The acquisition has been funded by Ottogi using own funds. Post acquisition, Dong-Ho Ham holds no stake in Choheung.

Ottogi Corp. (KOSE:A007310) completed the acquisition of 0.25% stake in Choheung Corporation (KOSE:A002600) from Dong-Ho Ham on August 3, 2012.