Hanil Networks Co., Ltd. (KOSDAQ:A046110) acquired 12.35% stake in Joongwon Electric Corp. from Seo-Hee Heo and Seo-Hyun Heo for KRW 4 billion in cash on December 18, 2015. Hanil acquired 0.03 million shares of Joongwon for KRW 128,470 per share.

Hanil Networks Co., Ltd. (KOSDAQ:A046110) completed the acquisition of 12.35% stake in Joongwon Electric Corp. from Seo-Hee Heo and Seo-Hyun Heo on December 18, 2015.