Date of announcement  2015/11/20

Time of announcement  19:39:39
Date of events  2015/11/20 

To which item it meets paragraph 39
Statement 

1.Date of occurrence of the event:2015/11/20
2.Circumstances of the violation:The  SITCA  discovered
a breach of Article 20, Paragraph 4, of the discretionary
investment management regulations  during an
ordinary business inspection of  KGI Securities Investment
Advisory Co. Ltd  on 2015/08/25 to 2015/08/26.
3.Status of the disposition by said competent authority:
Corrective measure order
4.Intended remedial measures:
KGISIA will cease operations of discretionary
investment management.
5.Effect on the Company’s business operations:None
6.Any other matters that need to be specified:None