Dongwon Metal Co., Ltd. (KOSE:A018500) agreed to acquire 89% stake in Dongwon Autopart Mexico, Inc. for KRW 5.3 billion in cash on December 9, 2015. As of June 30, 2015, Dongwon Autopart Mexico, Inc. had total assets of KRW 25.83 billion, total liabilities of KRW 14.73 billion, total capital of KRW 11.09 billion and net profit of KRW 34.61 million. The deal is expected to close on December 9, 2015.

As on July 27, 2016, Dongwon Metal Co., Ltd. (KOSE:A018500) agreed to acquire 91% stake in Dongwon Autopart Mexico, Inc. for KRW 3.4 billion. The deal is expected to close on July 27, 2016, which is also the resolution date of the Board of Directors.