Hansung Co., Ltd. agreed to sell 14.9% stake in Castec Korea Co. Ltd. for KRW 8.4 billion on April 4, 2011. Under the terms of the deal, Hansung will sell approximately 1.16 million shares of Castec Korea. Castec Korea Co. Ltd. recorded KRW 105.69 billion of revenue, KRW 143.12 billion of total assets, KRW 5.72 billion of net income and KRW 55.93 billion of total common equity for the year ending December 31, 2010. The deal is resolved by the Board of Hansung on April 4, 2011 and is expected to be completed by April 6, 2011. Hansung Co., Ltd. cancelled the sale of 14.9% stake in Castec Korea Co. Ltd. on April 4, 2012.