ILJIN Composites Co., Ltd. agreed to acquire Diesel Particulate Filter Trap Business for Diesel Cars from Iljin Electric Co., Ltd. (KOSE:A103590) for KRW 2.2 billion on December 29, 2014. ILJIN Composites Co., Ltd. will raise KRW 5 billion and use part of the proceeds to finance the acquisition. The expected date of general meeting of stockholders is December 29, 2014. Board of Directors of Iljin Diamond Co. Ltd. (KOSE:A081000), the parent company of ILJIN Composites, made a resolution in favor of the transaction on December 29, 2014. The expected date of acquisition is December 31, 2014.

ILJIN Composites Co., Ltd. cancelled the acquisition of Diesel Particulate Filter Trap Business for Diesel Cars from Iljin Electric Co., Ltd. (KOSE:A103590) on December 29, 2015.