Taehoon Kim and Soongu Kwon acquired 5.7% stake in ITEK Semiconductor, Inc. (KOSDAQ:A119830) from L&V Private Equity Holdings for KRW 2.4 billion on May 30, 2016. Under the terms of the transaction, Taehoon Kim acquired 0.2 million shares and Soongu Kwon acquired 0.1 million shares of in ITEK Semiconductor, Inc. at KRW 8000 per share. Pursuant to the transaction, L&V Private Equity Holdings holds 0.03 million shares of ITEK Semiconductor. Taehoon Kim and Soongu Kwon completed the acquisition of 5.7% stake in ITEK Semiconductor, Inc. (KOSDAQ:A119830) from L&V Private Equity Holdings on May 30, 2016.