An unknown buyer agreed to acquire 70.8% stake in Hanbit Electronics Co. Ltd from Sejin Electron Inc. (KOSDAQ:A080440) on December 27, 2016. Under the terms of the transaction Sejin Electron Inc. will sell 0.78 million shares in Hanbit Electronics Co. Ltd. As of December 27, 2016 Board of Sejin Electron Inc. resolved the transaction. An unknown buyer cancelled the acquisition to acquire 70.8% stake in Hanbit Electronics Co. Ltd from Sejin Electron Inc. (KOSDAQ:A080440) on December 27, 2017.