Hana No. 3 PEF agreed to acquire 35.07% stake in MP Hankang Co., Ltd. (KOSDAQ:A219550) from MP Group Inc. (KOSDAQ:A065150) for KRW 44.7 billion on November 15, 2017. As per the amendment report dated November 22, 2017, Hana No. 3 PEF agreed to acquire 35.07% stake in MP Hankang Co., Ltd. from MP Group Inc. for KRW 45.6 billion. Under the terms, MP Group sells 19.23 million shares. The transaction is resolved by the Board of Directors of MP Group Inc and expected to close on November 30, 2017. Young Jin Accounting Corporation acted as External Rating Institution. As of November 30, 2017, the expected closing date was changed to December 14, 2017.

Hana No. 3 PEF cancelled the acquisition of 35.07% stake in MP Hankang Co., Ltd. (KOSDAQ:A219550) from MP Group Inc. (KOSDAQ:A065150) on December 11, 2017. The contract is cancelled due to failure of execution of the consent form from Hana No. 3 PEF.