Hanyang Hitao Co., Ltd. (KOSDAQ:A064090) agreed to acquire 44% stake in Aone Cos Co., Ltd. for approximately KRW 590 million in cash on February 1, 2016. Hanyang Hitao will acquire 0.04 million shares of Aone Cos. As of December 31, 2015, Aone Cos reported total assets of KRW 701 million and total capital of KRW 187 million. The deal was resolved by the Board of Directors of Hanyang Hitao on February 1, 2016. The deal is expected to close on February 1, 2016. FN REPUBLIC Co., Ltd (KOSDAQ:A064090) cancelled the acquisition of 44% stake in Aone Cos Co., Ltd. on February 1, 2017.