MODE Tour Real Estate Investment Incorporated announced a private placement of 1,500,000 shares at KRW 5,300 per share for gross proceeds of KRW 7,950,000,000 on September 24, 2014. The face value of the shares is KRW 5,000 per share. The transaction will include participation from IBK Capital Corporation, Woori Investment & Securities Co. Ltd., Investment Arm, NH Capital Co.,Ltd., Cruisepa, and Seon-Young Lee for 188,000 shares, 188,000 shares, 188,000 shares, 918,000 shares, and 18,000 shares respectively. The company will issue the shares via third party allotment. The payment date for the shares is expected on September 29, 2014. The delivery date for the new share certificates is expected on September 30, 2014.

On September 29, 2014, MODE Tour Real Estate Investment Incorporated closed the transaction. The company did not issue shares to Seon-Young Lee and issued 936,000 shares to Cruisepa.