IGIS Asset Management Co., Ltd agreed to acquire building at 501, Teheran-ro street in Gangnam-gu district in Seoul from NCsoft Corporation (KOSE:A036570) for approximately KRW 180 billion on August 28, 2017. The Board of Directors passed a resolution for the transaction on August 28, 2017. The transaction is expected to be completed on August 31, 2017. IGIS Asset Management Co., Ltd cancelled the acquisition of building at 501, Teheran-ro street in Gangnam-gu district in Seoul from NCsoft Corporation (KOSE:A036570) on August 28, 2018.