An unknown buyer agreed to acquire 7.3% stake in Kolon Sport China Holdings Limited from Kolon Industries, Inc. (KOSE:A120110) for KRW 6.6 billion on November 9, 2017. Under the terms of transaction, Kolon Industries, Inc. will sell 7329 shares at KRW 0.89 million each. The Board of Kolon Industries, Inc. resolved the transaction. The transaction is expected to be completed by November 16, 2017. An unknown buyer cancelled the acquisition of 7.3% stake in Kolon Sport China Holdings Limited from Kolon Industries, Inc. (KOSE:A120110) as of November 9, 2018.