A consortium of KJK Fund II managed by KJK Management S.A, SC Consultanta Andrei & Andrei SRL, Casa de Insolventa Transilvania and Casa de Insolventa Transilvania jointly made a bid to acquire the remaining 34.2% stake in S.C. Cemacon S.A. (BVB:CEON) for RON 4.7 million on January 3, 2014. The offer per share is RON 0.05. The offer will start from January 6, 2014. The offer will remain open until January 24, 2014. As of February 4, 2014, KJK Fund acquired additional 12.9 million shares.

A consortium of KJK Fund II managed by KJK Management S.A, SC Consultanta Andrei & Andrei SRL, Casa de Insolventa Transilvania and Casa de Insolventa Transilvania completed the acquisition of additional 11.1% stake in S.C. Cemacon S.A. (BVB:CEON) for RON 1.5 million on January 24, 2014.