UI TRANS CORPORATION announced that it will issue 6,757,492 shares at KRW 5,000 per share for gross proceeds of KRW 33,787,460,000 on October 18, 2011. Returning investors, POSCO Engineering & Construction Co., Ltd. will subscribe for 4,828,802 shares and Posco ICT Company Ltd. will subscribe for 1,928,690 shares in the transaction. After closing of the transaction, POSCO Engineering & Construction Co., Ltd. will hold 27.29% stake and Posco ICT Company Ltd. will hold 10.9% stake in the company. The shares will be allocated to the existing shareholders on preferential basis. The transaction is expected to close by 2015.

In 2015, UI Trans Corporation closed the transaction.