Odysseus No.1 Association, Felicita No.2 Association and Savoy Investment No.1 Association entered into an agreement to acquire 45.18% stake in Ewon Comfortech Co.,Ltd. (KOSDAQ:A088290) from Daechang Export Co. Ltd. for KRW 29 billion on October 10, 2019. As per update dated November 19, 2019, Odysseus No.1 Association, Savoy Investment No.1 Association, Felicita No.2 Association and Odysseus No.2 Association entered into a contract to acquire 54.06% stake in Ewon Comfortech Co.,Ltd. from Daechang Export Co. Ltd. for KRW 29 billion. Out of total consideration, KRW 2.9 billion was paid on contract date and the balance amount will be paid one day before the general shareholders' meeting. Odysseus No.1 Association, Felicita No.2 Association and Savoy Investment No.1 Association will acquire 7.7 million shares at a price of KRW 3765 per share. Out of 7.7 million shares, each of Odysseus No.1 Association and Felicita No.2 Association will acquire 2.2 million shares and Savoy Investment No.1 Association will acquire 3.3 million shares. As per the update dated November 19, 2019, Savoy Investment No.1 Association will acquire 2.8 million shares, Odysseus No.1 Association will acquire 2.2 million shares, Felicita No.2 Association will acquire 1.6 million shares and Odysseus No.2 Association will acquire 1.1 million shares. As of October 10, 2019, Odysseus No.1 Association and Felicita No.2 Association completed the transaction. Transaction is expected to close on March 30, 2020. As per the correction report on October 15, 2019, the transaction is expected to be completed on November 26, 2019. Odysseus No.1 Association, Savoy Investment No.1 Association, Felicita No.2 Association and Odysseus No.2 Association completed the acquisition of 45.18% stake in Ewon Comfortech Co.,Ltd. (KOSDAQ:A088290) from Daechang Export Co. Ltd. on November 26, 2019.