Well to Sea No.3 Investment Purpose Company Co., Ltd. signed a contract to acquire 15.4% stake in AJU Capital Co., Ltd. (KOSE:A033660) from Aju Motors Co. Ltd. and SHINHAN BANK for KRW 75.3 billion on June 28, 2017. Under the terms of the transaction, Well to Sea No.3 Investment Purpose Company Co., Ltd. will acquire 1.5 million shares from Aju Motors Co. Ltd. and 7.4 million shares from SHINHAN BANK at KRW 8495 per share. After the transaction, SHINHAN BANK will hold no stake in AJU Capital Co., Ltd. Well to Sea No.3 Investment Purpose Company Co., Ltd. completed the acquisition of 15.4% stake in AJU Capital Co., Ltd. (KOSE:A033660) from Aju Motors Co. Ltd. and SHINHAN BANK on July 4, 2017.