On March 28, 2017, Tong Yang Life Insurance Co., Ltd. (KOSE:A082640) closed the transaction. The company amended the terms of the transaction and issued 53,786,195 common shares at a price of KRW 9,823 per share for gross proceeds of KRW 528,341,793,485 in the transaction. Pursuant to the transaction, the investor acquired a stake of 33.33% in the company. Post the closing, the number of issued shares of the company increased from 67,789,432 to 121,575,627. The payment date of shares is March 27, 2017.