OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. signed a memorandum of understanding to acquire a 33.65% stake in OHEIM INT Co.,Ltd. (KOSDAQ:A309930) from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp. for KRW 24 billion on June 1, 2023, As on August 10, 2023 OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. entered into stock transfer to acquire a 33.65% stake in OHEIM INT Co.,Ltd from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp Hyung-gyun Na will pay 3,350 cash per share for 7,156,754 OHEIM?s shares, representing approximately 33.65% stake. The transaction is subject to due diligence review. The main contract (stock purchase contract) is expected to be concluded within 7 weeks from the date of signing this memorandum of understanding.

OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. completed the acquisition of 33.65% stake in OHEIM INT Co.,Ltd. (KOSDAQ:A309930) from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp. on August 28, 2023.