Korea Land & Housing Corp. agreed to acquire Land & Building from Shinpoong Paper Manufacturing Co., Ltd (KOSE:A002870) for KRW 79.3 billion on September 25, 2012. The Board of Directors of Shinpoong passed resolution on September 25, 2012.

Korea Land & Housing Corp. cancelled the acquisition of Land & Building from Shinpoong Paper Manufacturing Co., Ltd (KOSE:A002870) on September 25, 2013.