Hanjin Transportation Co., Ltd. announced a private placement of 92,281 shares at a price of KRW 5,000 for a gross proceeds of KRW 461,405,000 on April 27, 2023. The transaction included participation from new investor, Hudaters Co., Ltd. The company issued shares through shareholder allocation method. The transaction is expected to close on May 12, 2023.

The transaction has been approved by the board of directors of the company.