Hyundai Industrial Co., Ltd. (KOSDAQ:A170030) agreed to acquire 3.05% stake in Haezoom Inc. for KRW 840 million on June 13, 2017. As part of the deal, 0.012 million shares of Haezoom will be acquired. For the period ending December 31, 2016, Haezoom reported total assets of KRW 5.95 billion, net assets of KRW 2.6 billion, revenue of KRW 6.9 billion and net loss of KRW 330 million. Board of Hyundai Industrial resolved the deal. Deal is expected to close on June 13, 2017. As of June 13, 2017, the closing date was re-scheduled to June 16, 2017.