Kyungchang Industrial Co. Ltd. (KOSDAQ:A024910) agreed to acquire an additional 27.7% stake in KCW Corporation Co.Ltd. for KRW 12.1 billion on December 23, 2015. Kyungchang Industrial will hold 5.3 million shares, representing 97.43% stake, in KCW Corporation. The transaction is expected to close on December 28, 2015. Kyungchang Industrial Co. Ltd. (KOSDAQ:A024910) cancelled the acquisition to acquire an additional 27.7% stake in KCW Corporation Co.Ltd on December 23, 2016.