On June 21, 2021, Heung-A Shipping Co.,Ltd (KOSE:A003280) closed the transaction. The company amended the terms of transaction and issued 213,003,547 common shares at a price of KRW 500 for the gross proceeds of KRW 106,501,773,500. The transaction included participation from Janggeum Merchant Marine Co., Ltd. for 204,000,000 common shares. The shares issued in the transaction are subject to mandatory protection for one year.