Shinsegae Engineering & Construction Co., Ltd. (KOSE:A034300) agreed to acquire an additional 0.43% stake in Engineering Financial Cooperative Co., Ltd. for KRW 1.7 billion in cash on May 18, 2015. Shinsegae Engineering & Construction Co., Ltd. will acquire 3,175 shares and increase its holding to 7,175 shares. Engineering Financial Cooperative had total assets of KRW 474.81 billion, total stockholders' equity of KRW 392.61 billion, revenue of KRW 52.41 billion, and net profit of KRW 21.79 billion for the year ended December 31, 2014. Board of Directors of Shinsegae Engineering & Construction Co., Ltd. made a resolution in favor of the transaction on May 18, 2015. The scheduled acquisition date is May 22, 2015. Shinsegae Engineering & Construction Co., Ltd. (KOSE:A034300) cancelled the acquisition of an additional 0.43% stake in Engineering Financial Cooperative Co., Ltd. on May 18, 2016.