New Pride Corporation (KOSDAQ:A900100) agreed to sell 22.2% stake WeGen Solar Inc. for KRW 4.1 billion in cash on May 27, 2016. New Pride Corporation will sell 0.02 million shares in the transaction. The deal is expected to close on June 1, 2016. As on June 1, 2016 the expected closing date was changed to June 2, 2016. New Pride Corporation (KOSDAQ:A900100) cancelled the sale of 22.2% stake WeGen Solar Inc. for on May 27, 2017.