An unknown buyer agreed to acquire 5.7% stake in GK Fixed Link Corp from Korea Development Corporation (KOSE: A004200) on December 22, 2010. The buyer will acquire 4.9 million shares of GK Fixed Link Corp. Post disposal, Korea Development Corporation will not hold any stake in GK Fixed Link Corp. The transaction has been resolved by the Board of Directors of Korea Development Corporation. The transaction is expected to close on December 24, 2010.

An unknown buyer completed the acquisition of the acquisition of 5.7% stake in GK Fixed Link Corp from Korea Development Corporation (KOSE: A004200) for KRW 35.4 billion on November 11, 2013.