Dangjin Tank Terminal Co., Ltd. announced that has issued 340,000 common shares at a price of KRW 5,000 for gross proceeds of KRW 1,700,000,000 on August 29, 2023. The transaction included participation from returning investor LX International Corp. to retain the majority stake in the company.

The transaction was approved by the board of directors of the company. The company received funding through Shareholder allocation.