Kiswire Hongkong Holding Ltd. agreed to acquire Kiswire Cord Yangtze Co., Ltd. from KISWire Co.,Ltd (KOSE:A002240) and other sellers for KRW 8.5 billion in kind on November 17, 2016. The transaction was resolved by the board of directors of KISWire Co.,Ltd. The transaction is expected to close on November 17, 2016. Kiswire Hongkong Holding Ltd. cancelled the acquisition of Kiswire Cord Yangtze Co., Ltd. from KISWire Co.,Ltd (KOSE:A002240) and other sellers on November 17, 2017.