Woori Technology Investment Co. Ltd. (KOSDAQ:A041190) agreed to acquire 19.9% stake in Maruman Korea Co., Ltd. from Maruman & Co., Ltd. (JASDAQ:7834) for KRW 3.1 billion on February 13, 2014. Woori Technology Investment Co. Ltd. is acquiring 1.22 million shares representing 19.9% stake. Post transaction, Maruman & Co., Ltd. will hold 1.23 million shares representing 20.01% stake. The transaction has been resolved by Board of Directors of Maruman & Co., Ltd. and is expected to be closed by February 14, 2014.

Woori Technology Investment Co. Ltd. (KOSDAQ:A041190) cancelled the acquisition of 19.9% stake in Maruman Korea Co., Ltd. from Maruman & Co., Ltd. (JASDAQ:7834) on February 20, 2014.