Hwasubun Networks Co., Ltd signed an agreement to acquire additional 6% stake in Gurum Company Inc. from Sang Hyun Jeon and others for KRW 2.2 billion on August 25, 2016. Sang Hyun Jeon will sell 0.2 million shares at KRW 10,900 per share. Post-completion, Hwasubun Networks Co holds 1.7 million shares of Gurum Company. Hwasubun Networks Co., Ltd completed the acquisition of additional 6% stake in Gurum Company Inc. from Sang Hyun Jeon and others on August 29, 2016.