Power Logics Co. Ltd. (KOSE: A047310) agreed to acquire an additional stake in Powerlogics YangZhou Co., Ltd. for KRW 11.8 billion on December 14, 2011. The transaction was resolved by the Board of Directors of Power Logics Co. on December 14, 2011. The transaction is expected to close on May 19, 2013.

Power Logics Co. Ltd. (KOSE: A047310) cancelled the acquisition of an additional stake in Powerlogics YangZhou Co., Ltd. on December 14, 2012.