Lee Ku Industrial Co.,Ltd. (KOSE:A025820) agreed to sell 20.01% stake in Kukil Metal Co., Ltd. for KRW 6.3 billion on November 28, 2013. Lee Ku Industrial will sell 1.601 million shares at the price of KRW 3,932 per share and will reduce its holding to 1.599 million shares in Kukil Metal Co., Ltd. Board of Directors of Lee Ku Industrial made a resolution in favor of the transaction on November 28, 2013. The transaction is expected to close on December 20, 2013.