Dongyang E&P Inc. (KOSE: A079960) agreed to acquire remaining stake in Dong Yang E&P Vietnam Co.,Ltd. for KRW 5.6 billion on December 2, 2011. The Board of Directors of Dongyang E&P resolved the deal on December 2, 2011. The transaction is expected to complete on December 2, 2011.

Dongyang E&P Inc. (KOSE: A079960) cancelled the acquisition of remaining stake in Dong Yang E&P Vietnam Co.,Ltd. on December 2, 2012.