Ehwa Diamond Industrial Co., Ltd. signed a contract to acquire 3.54% stake in Meerecompany Inc. (KOSDAQ:A049950) from Joon-Koo Kim and Joon-Hong Kim for KRW 1.5 billion on December 18, 2014. Under the terms of the transaction, Joon-Koo Kim and Joon-Hong Kim will each sell 0.12 million shares at KRW 6250 per share.

Ehwa Diamond Industrial Co., Ltd. completed the acquisition of 3.54% stake in Meerecompany Inc. (KOSDAQ:A049950) from Joon-Koo Kim and Joon-Hong Kim on March 24, 2015.