Hotel Lotte Co., Ltd. acquired an additional 4.9% stake in LOTTE rental co.,ltd from LOTTE Himart Co.,Ltd. (KOSE:A071840) for KRW 45.6 billion on October 10, 2018. Hotel Lotte Co., Ltd. acquired 0.58 millions hares of LOTTE rental for KRW 79094 per share. Post completion, Hotel Lotte will hold 25.67% stake in LOTTE rental. The transaction is resolved by the board of Hotel Lotte and LOTTE rental.

Hotel Lotte Co., Ltd. completed the acquisition of an additional 4.9% stake in LOTTE rental co.,ltd from LOTTE Himart Co.,Ltd. (KOSE:A071840) on October 10, 2018.