Korean actress Kim Tae-hee [Asia Economic Daily]
Both agencies reported that the two stars have been cast for the lead roles and are waiting to sign the final contract for the film.
The film, which starts shooting this month or in April, is scheduled for release later in the year around the Korean Thanksgiving break.
Kim, 29, rose to fame after appearing in the hit SBS TV series "Stairway to Heaven" in 2003 alongside Hallyu stars kwon Sang-woo and Choi Ji-woo and starred in blockbuster drama "IRIS" opposite top Korean actor Lee Byung-hun last year.
Lee, 27, became a household name after appearing as a woman-like clown in the 2005 hit film "The King and the Clown" and most recently appeared in MBC TV series "Hero - Drama", where he portrayed a passionate magazine reporter.
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"Alice in Wonderland" leads domestic box office for second week
Movie poster of "Alice in Wonderland" [Walt Disney]
Fantasy flick "Alice in Wonderland" led the domestic box office again last weekend, taking its second win as the most watched film in the country, according to estimates on Monday.
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53rd Baeksang Arts Awards 2017