E-Land Fashion Hong Kong Limited acquired 14.62% stake in E-World Co., Ltd. from E-Land Park Ltd. for approximately KRW 35 billion.

E-WORLD CO.,LTD. is a Korea-based company engaged in the operation of amusement facilities. The Company operates amusement facilities such as ghost houses, aladdins, flume rides, Andersen house, Vikings, tambourines, sky cabs, roller coasters, merry-go-round, eagle formations, bumper cars, boomerangs, balloons travels, flying elephant, mini Vikings, magic trains, jumping frogs, dancing airplanes, mini cars, camel backs, top spins, ice rinks and animal farms, as well as 83 tower. It also holds four seasons flower festivals and seasonal festivals such as summer night festival, autumn chrysanthemum festival, winter white festival and others. The Company’s affiliated company is engaged in the operating of cruise ships, inland marine transportation, food service business and cooking retail business.