Tuksu Construction Co. Ltd. (KOSE: A026150) agreed to acquire a 0.71% stake in JTBC Co., Ltd for KRW 3 billion in cash on February 22, 2011. Tuksu Construction paid the acquisition amount on February 23, 2011. Under the terms of transaction, Tuksu Construction will acquire 0.6 million shares of JTBC. The transaction has been resolved by Board of Directors of Tuksu Construction February on 22, 2011. The transaction is expected to close on March 31, 2011. As of March 31, 2011, the transaction will close on April 15, 2011. Tuksu Construction Co. Ltd. (KOSE: A026150) cancelled the acquisition of 0.71% stake in JTBC Co., Ltd on February 22, 2012.