An unknown buyer agreed to acquire 23.5% in Kwangjang Atomotive Co., Ltd. from Wonil Special Steel Co., Ltd. (KOSDAQ:A012620) for KRW 6.5 billion on November 21, 2019. As per terms, 0.04 million shares will be acquired. Post completion Wonil Special Steel Co., Ltd. will exit from Kwangjang Atomotive Co., Ltd. The Board of Directors resolved the deal on November 21, 2019. The deal is expected to close on December 26, 2019. An unknown buyer cancelled the acquisition of Kwangjang Atomotive Co., Ltd. from Wonil Special Steel Co., Ltd. (KOSDAQ:A012620) on November 21, 2020.