The Ocean City Three Co., Ltd. agreed to acquire 5 lots in Jochon-dong, Gunsan-si, Korea from PaperCorea Inc. (KOSE:A001020) on November 22, 2016. Under the consideration The Ocean City Three Co., Ltd. will issue 1.72 shares. The Ocean City Three Co., Ltd. cancelled the acquisition of 5 lots in Jochon-dong, Gunsan-si, Korea from PaperCorea Inc. (KOSE:A001020) on November 22, 2017.