KTB 2006 PEF of KTB Private Equity signed an agreement to sell 3% stake in Kumho Industrial Co., Ltd. (KOSE:A002990) for KRW 42.8 billion on September 25, 2015. KTB will sell 1 million shares. On completion, KTB will hold 0.16 million shares. The deal is expected to close by December 30, 2015. KTB 2006 PEF of KTB Private Equity cancelled the acquisition of 3% stake in Kumho Industrial Co., Ltd. (KOSE:A002990) on September 25, 2016.