HANKOOK Corporation Inc. (KOSDAQ:A050540) signed a contract to acquire 2.6% stake in Cornerstone Networks Co., Ltd. (KOSDAQ:A033110) from Yongbin Kim for KRW 3.99 billion on March 14, 2017. MPC will acquire 1.03 million shares for KRW 3,877 per share in ED Co., Ltd. The transaction is expected to complete on March 22, 2017. Sang Rok Accounting Firm acted as External Rating Institution in the transaction.

HANKOOK Corporation Inc. (KOSDAQ:A050540) cancelled the acquisition of 2.6% stake in Cornerstone Networks Co., Ltd. (KOSDAQ:A033110) from Yongbin Kim on March 14, 2018.