Alliance Management acquired 2.12% stake in PSMC Co, Ltd (KOSDAQ:A024850) from Richard & Co, Ltd for KRW 560 million on June 23, 2015. Alliance Management acquired 0.8 million shares at the price of KRW 700 per share. In a related transaction, Alliance Management acquired 1.35% stake in PSMC Co, Ltd (KOSDAQ:A024850) from Il-Hong Park for approximately KRW 750 million.

Alliance Management completed the acquisition of 2.12% stake in PSMC Co, Ltd (KOSDAQ:A024850) from Richard & Co, Ltd on June 23, 2015.