Korea Line Corporation (KOSE:A005880) acquired additional 27.7% stake in Changmyung Shipping Co., Ltd. from NongHyup Bank for KRW 6 billion on December 27, 2017. As per terms, 0.16 million shares are acquired at KRW 37,582 per share. Post completion, Korea Line Corporation holds 30.63% and NongHyup Bank holds 21.05% stake in Changmyung Shipping Co., Ltd. Korea Line Corporation (KOSE:A005880) completed the acquisition of additional 27.7% stake in Changmyung Shipping Co., Ltd. from NongHyup Bank on December 27, 2017.