e-Starco Company Ltd. (KOSE:A015020) agreed to acquire 3.59% stake in KOREIT (KOSDAQ:A034830) from Initium & Koreit Co., Ltd. for KRW 16.2 billion on May 7, 2014. As reported, e-Starco will acquire 9.1 million shares at a price of KRW 1,790 per share. The transaction was resolved by Board of Directors of e-Starco Company on May 7, 2014. The scheduled acquisition date is May 7, 2014.

e-Starco Company Ltd. (KOSE:A015020) cancelled the acquisition of 3.59% stake in KOREIT (KOSDAQ:A034830) from Initium & Koreit Co., Ltd. on May 7, 2015.