Woongjin Coway Co., Ltd. (KOSE:A021240) agreed to acquire rental service business of Woongjin Co., Ltd. (KOSE:A016880) for KRW 49.5 billion on May 17, 2019. The transaction was resolved by the Board of Directors of Woongjin Coway Co., Ltd. on May 17, 2019. The transaction is expected to close on June 30, 2019.

Woongjin Coway Co., Ltd. (KOSE:A021240) cancelled the acquisition of the rental service business of Woongjin Co., Ltd. (KOSE:A016880) on May 17, 2020.