Tailim Packaging Industrial Co., Ltd. (KOSE:A011280) agreed to acquire an additional 24.7% stake in Dong Won Paper Co. for KRW 20 billion on May 8, 2015. Tailim will acquire 0.57 million shares and will hold 1.16 million shares (50.2% stake) on completion. For the year ended December 31, 2014, Dong Won Paper reported total assets of KRW 66.9 billion, total equity of KRW 16.5 billion, revenues of KRW 64.1 billion and net loss of KRW 619 million. The share transaction amount and share transfer completion period is the completion period of several condition precedent of equity transaction. Tailim Packaging Industrial will disclose once the transaction scheduled date is confirmed. As of July 9, 2015, the scheduled date for acquisition was disclosed as July 9, 2015. Tailim Packaging Industrial Co., Ltd. (KOSE:A011280) cancelled the acquisition of an additional 24.7% stake in Dong Won Paper Co. on May 8, 2016.