Korea Land & Housing Corp. agreed to acquire land and buildings of Bucheon-based factory of KG Chemical Corporation (KOSE:A001390) for KRW 93.3 billion on August 30, 2013. The transaction is expected to close on September 23, 2013.

As of October 2, 2013, the terms of the transaction have been revised and Korea Land & Housing Corp. agreed to acquire land and buildings of Bucheon-based factory of KG Chemical Corporation for KRW 99.3 billion.

Korea Land & Housing Corp. cancelled the acquisition of land and buildings of Bucheon-based factory of KG Chemical Corporation (KOSE:A001390) on August 30, 2014.