Michael Young-Joon Shin acquired 3.4% stake in Cube Entertainment Inc. (KOSDAQ:A182360) from IHQ Inc. (KOSE:A003560) for KRW 1.6 billion on April 22, 2016. IHQ Inc. sold 0.9 million shares at KRW 1825 per share. After the transaction, IHQ Inc. holds 8.13 million shares of Cube Entertainment Inc.

Michael Young-Joon Shin completed the acquisition of 3.4% stake in Cube Entertainment Inc. (KOSDAQ:A182360) from IHQ Inc. (KOSE:A003560) on April 22, 2016.