THN Corporation (KOSE:A019180) agreed to acquire an additional 52.44% stake in THN Autoparts Philippines, Inc. for KRW 1 billion on November 7, 2014. Under the terms of the transaction, 0.43 million shares will be transacted in the deal. THN Corporation's Board resolved the deal. The transaction is expected to complete on November 6, 2015.

THN Corporation (KOSE:A019180) cancelled the acquisition of an additional 52.44% stake in THN Autoparts Philippines, Inc. on November 7, 2015.