Dongbu Corporation (KOSE:A005960) agreed to acquire 9.36% stake in Dongbu World Co., Ltd. for KRW 21.6 billion on December 11, 2015. The transaction is expected to be completed on December 12, 2015. Dongbu Corporation (KOSE:A005960) cancelled the acquisition of 9.36% stake in Dongbu World Co., Ltd. on December 11, 2016.