Alticast Corp. (KOSDAQ:A085810) agreed to acquire 50% stake in Shin Han Valve Ind. Co., Ltd. for KRW 12.1 billion on February 15, 2016. As reported, Alticast acquired 0.2 million shares of Shin Han Valve's share. The transaction is expected to complete on February 18, 2016. Alticast Corp. (KOSDAQ:A085810) cancelled the acquisition of 50% stake in Shin Han Valve Ind. Co., Ltd. on February 15, 2017.