Korea Express Busan Container Terminal Co., Ltd. announced a private placement of 2,040,000 shares at KRW 10,000 per share for gross proceeds of KRW 20,400,000,000 on December 10, 2013. The round will include participation from existing investor CJ korea express Corporation and other investors. CJ korea express Corporation will subscribe for 1,630,594 shares for gross proceeds of KRW 16,306,000,000 and hold a 79.93% stake. The transaction was approved by the board of directors of CJ korea express Corporation.

On January 2, 2014, Korea Express Busan Container Terminal Co., Ltd. closed the transaction. CJ korea express Corporation increased its stake from 79.93% to 91.92% through this transaction.