UNO&COMPANY Ltd. (KOSDAQ:A114630) acquired 0.59% stake in Olipass Co., Ltd. for approximately KRW 520 million in cash on October 16, 2014. UNO&COMPANY Ltd. acquired 0.02 million shares of Olipass Co., Ltd. In a related transaction, UNO&COMPANY Ltd. acquired convertible bonds at KRW 281.7 million. During the year ended December 31, 2013, Olipass Co., Ltd. had total assets of KRW 4.72 billion, total stockholders' equity of KRW 2.92 billion, no sales revenue, and net loss of KRW 1.61 billion. Board of Directors of UNO&COMPANY Ltd. made a resolution in favor of the transaction on October 16, 2014.

UNO&COMPANY Ltd. (KOSDAQ:A114630) completed the acquisition of 0.59% stake in Olipass Co., Ltd. on October 16, 2014.