Dongbang Transport Logistics Co., Ltd. (KOSE:A004140) agreed to acquire 77.59% stake in Dongbang Textile (Shenyang) Co., Ltd. for approximately KRW 13.2 billion on January 16, 2015.

Dongbang Transport Logistics Co., Ltd. (KOSE:A004140) cancelled the acquisition of 77.59% stake in Dongbang Textile (Shenyang) Co., Ltd. on January 16, 2016.