Incheon Port Hinterland Complex Co., Ltd. announced a private placement of 1,436,528 shares at a price of KRW 5,000.25 per share for gross proceeds of KRW 7,182,999,132 on December 10, 2020. The transaction will include participation from HDC Hyundai Development Company (KOSE:A294870). The payment date of the transaction is December 14, 2020. The transaction has been approved by the board of directors.