Sinokor Merchant Marine Co., Ltd. acquired a 54.66% stake in Busan New Habor Ungdong Development Co., Ltd. from Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) for KRW 9.1 billion on April 25, 2024.

Sinokor Merchant Marine Co., Ltd. completed the acquisition of a 54.66% stake in Busan New Habor Ungdong Development Co., Ltd. from Taeyoung Engineering & Construction Co.,Ltd. (KOSE:A009410) on April 25, 2024.