Halla Holdings Corp. (KOSE:A060980) agreed to acquire Halla Investment & Consulting Company on May 26, 2016. Under the terms of the deal, the merger ratio is one share of Halla Holdings Corp. for 0.0244361 shares of Halla Investment & Consulting. Subsequent to the acquisition, Halla Investment & Consulting will be dissolved into Halla Holdings Corp. As of December 31, 2015, Halla Investment & Consulting had total assets of KRW 12.9 billion, sales of KRW 4.6 billion and net loss of KRW 5.4 billion. The merger contract signing date is May 30, 2016 and the merger date is August 1, 2016. Dongsuh Accounting Corporation acted as external rating institution.

Halla Holdings Corp. (KOSE:A060980) cancelled the acquisition of Halla Investment & Consulting Company on May 26, 2017.