Nexen Tech Corp. (KOSE:A073070) agreed to sell 0.29% stake in Nexen Tire Corp. (KOSE:A002350) for KRW 4.5 billion on November 13, 2012. Nexen Tech will dispose 0.29 million shares of Nexen Tire Corp. On completion, Nexen Tech will hold 0.3% stake in Nexen Tire Corp. The transaction is resolved by the Board of Nexen Tech Corp. The transaction is expected to be completed on November 13, 2012.

Nexen Tech Corp. (KOSE:A073070) cancelled the sale of 0.29% stake in Nexen Tire Corp. (KOSE:A002350) on November 13, 2013.