Hanil Cement. Co., Ltd. (KOSE:A003300) agreed to acquire Hanilcm Co.,Ltd. from Hanil Networks Co., Ltd. (KOSDAQ:A046110) for KRW 15.6 billion on December 20, 2017. A contract will be signed on December 21, 2017 and payment will be made on December 21, 2017. Hanil Cement will acquire 0.4 million shares of Hanilcm. As of December 31, 2016, Hanilcm reported total assets of KRW 12.04 billion, total capital of KRW 4.14 billion, sales of KRW 32.6 billion and net profit of KRW 1.43 billion. The deal is expected to complete on December 21, 2017.

Hanil Cement. Co., Ltd. (KOSE:A003300) cancelled the acquisition of Hanilcm Co.,Ltd. from Hanil Networks Co., Ltd. (KOSDAQ:A046110) on December 20, 2018.