An unknown buyer agreed to acquire 3.3% stake in Busan Port Teminal Co ., Ltd from KUKBO Logistics Co.,Ltd (KOSE:A001140) for KRW 1.9 billion on February 20, 2019. As per the terms of transaction, KUKBO Logistics will sell 0.38 million shares in Busan Port Teminal at KRW 5000. Board of Director of KUKBO Logistics has resolved the transaction and the transaction is expected to close on February 20, 2019. KUKBO Logistics will use proceed for working funds security. An unknown buyer cancelled the acquisition of 3.3% stake in Busan Port Teminal Co ., Ltd from KUKBO Logistics Co.,Ltd (KOSE:A001140) on February 20, 2020.