Hisatomi Electronics (HK) Co., Limited agreed to acquire KM LCD Limited from KM Corporation (KOSDAQ:A083550) for KRW 790 million on December 6, 2013. KM Corporation is selling 1.55 million shares of KM LCD Limited. The transaction is resolved by Board of Directors of KM Corporation and is expected to close by April 20, 2014.

KM Corporation signed a definitive agreement to sell KM LCD Limited on December 10, 2014. Board of Directors of KM Corporation resolved the transaction. As of April 18, 2014, it was announced that the expected closing of the transaction has been changed to May 20, 2014.