An undisclosed buyer agreed to acquire 11.6% stake in The 2nd Youngdong Highway Co., Ltd. from KCC Engineering & Construction Co., Ltd. (KOSDAQ:A021320) and KCC Engineering & Construction Co., Ltd. (KOSDAQ:A021320) for KRW 19.6 billion on September 18, 2014. Under the terms of the deal, 1.43 million shares will be sold for KRW 7.13 billion after the financial contract, within October 2014, another 1.43 million shares will sold at the time of construction completion, expected in November, 2016 for KRW 7.13 billion and 1.07 million shares will be sold for KRW 5.3 billion 3 years after the operation begin, after November 2019. Post closing, Kolon Global Corporation will not hold any stake in The 2nd Youngdong Highway Co., Ltd. For the period ended 2013, The 2nd Youngdong Highway had stockholder's equity of KRW 393.45 billion.

The transaction was resolved by Board of Directors of Kolon Global on September 18, 2014.