An unknown buyer agreed to acquire 18.8% stake in SHINWON Construction co.,Ltd. (KOSDAQ:A017000) from Wonik QnC Corporation (KOSDAQ:A074600) for KRW 15.2 billion on October 4, 2016. Wonik QnC will sell 1.9 million shares of SHINWON Construction. The Board of Wonik QnC passed the resolution for the transaction on October 4, 2016.

The transaction is expected to close on November 21, 2016. As of November 15, 2016, the expected closing date was changed to November 15, 2016.