Welcron Company Limited (KOSE:A065950) agreed to acquire Toa Lighting Vietnam Company Limited for KRW 3.3 billion in cash on September 6, 2012. Following the completion of the deal, Toa Lighting Vietnam Company will become a wholly owned subsidiary of Welcron Company Limited. The Board of Directors of Welcron passed a resolution for the deal on September 6, 2012. The transaction is expected to close on October 18, 2012.

Welcron Company Limited (KOSE:A065950) cancelled the acquisition of Toa Lighting Vietnam Company Limited on September 6, 2013.