Dangjin Kodae Port Operating Company.Ltd. announced a private placement of 600,000 common shares at KRW 5,000 per share for gross proceeds of KRW 3,000,000,000 with existing shareholders on October 25, 2013. Existing investor, Intergis Co. Ltd. will subscribe to 150,000 shares for KRW 750,000,000 and will hold 48.78% stake in the company on completion of the transaction. Three new shares will be allocated for every existing share held. The subscription period will start on October 28, 2013 and end on November 1, 2013. The payment date will be November 6, 2013. The board of directors of the company has approved the transaction.

On November 15, 2013, the company amended the terms of the transaction. The subscription period will now start on November 4, 2013 and end on November 18, 2013. The payment date is changed to November 18, 2013.