Wooree Lighting Holdings Co., Ltd. (KOSE:A037400) agreed to sell 4.1% stake in Wooree LED Co Ltd. for KRW 6 billion on November 14, 2011. Wooree Lighting Holdings Co., Ltd. will sell 1.2 million shares. Wooree LED Co Ltd. recorded revenue of KRW 81.6 billion, total assets of KRW 117.08 billion, KRW 2.32 billion of net income and KRW 54.7 million of total common equity. The transaction is expected to be completed by December 13, 2011.

Wooree Lighting Holdings Co., Ltd. (KOSE:A037400) cancelled the sale of 4.1% stake in Wooree LED Co Ltd. on November 14, 2012.