Unknown buyer agreed to acquire unknown minority stake in Suzhou A&T Technology Co., Ltd. from Daewoo Electronic Components Co., Ltd. (KOSE:A009320) for KRW 1.4 billion on July 3, 2018. As of November 20, 2018, the consdierationw as amended to KRW 1.36 billion. Upon completion, the buyer will hold 50% stake in Suzhou A&T Technology Co., Ltd. On July 3, 2018, Board of Directors passed resolution for the transaction. For the year ended December 31, 2017, Suzhou A&T Technology reported sales of KRW 7.97 billion and net profit KRW 192 million. As of December 31, 2017, Suzhou A&T Technology reported total assets of KRW 9.7 billion. The transaction expected completion date for sales is within 1 month after the contract signing. The transaction is expected to close on November 20, 2018. Unknown buyer cancelled the acquisition of unknown minority stake in Suzhou A&T Technology Co., Ltd. from Daewoo Electronic Components Co., Ltd. (KOSE:A009320) on July 3, 2019.