Livart Furniture Co., Ltd. (KOSE:A079430) agreed to acquire an additional 35.81% stake in IDEST Co., Ltd. from a group of sellers for approximately KRW 450 million on February 29, 2012. Livart Furniture Co., Ltd. will acquire 0.45 million shares at the price of KRW 1,000 per share. Livart Furniture Co., Ltd. will increase its stake to 98.27% in IDEST Co., Ltd. Park, Cheon-Ho sold 0.016 million shares for KRW 16 million, Kim, Jin-San sold 0.016 million shares for KRW 16 million, Kim, Tae-In sold 0.004 million shares for KRW 4 million, Park, Jae-Wan sold 0.003 million shares for KRW 3.2 million, and Jeong, Bo-Yeong sold 0.02 million shares for KRW 20 million on February 29, 2012. Livart Furniture Co., Ltd. also acquired 0.261 million shares for KRW 261 million on February 29, 2012. For the year ending December 31, 2011, IDEST Co., Ltd. reported sales of KRW 9.31 billion, net loss of KRW 458.7 million, total assets of KRW 2.61 billion, total borrowings of KRW 99 million and net liabilities of KRW 705 million. Livart Furniture Co., Ltd. (KOSE:A079430) completed the acquisition of an additional 35.81% stake in IDEST Co., Ltd. from a group of sellers on March 6, 2012. Gyeong, Gyu-Han sold 0.08 million shares for KRW 80 million, Roh, Deok-Seon sold 0.014 million shares for KRW 14.4 million and Kim, Gye-Cheol sold 0.04 million shares for KRW 40 million on March 6, 2012.