An unknown buyer agreed to acquire 18.2% stake in West Coast Quartz Corporation from Worldex Industry & Trading Co., Ltd. (KOSE:A101160) for KRW 7.6 billion on June 16, 2011. Under the terms of the deal, 2.2 million shares will be disposed off. The deal was approved by Board of Directors of Worldex Industry & Trading on June 16, 2011. The deal is expected to complete by June 23, 2011. An unknown buyer cancelled the acquisition of 18.2% stake in West Coast Quartz Corporation from Worldex Industry & Trading Co., Ltd. (KOSE:A101160) on June 16, 2012.