Korea Airport Service Co., Ltd. (KOSE:A005430) acquired remaining 50% stake in Air Korea Co. Ltd. from Hanjin Transportation Co., Ltd. (KOSE:A002320) and Jungseok Enterprise Corp. for KRW 4 billion on December 29, 2014. Under the terms of the deal, Korea Airport Service will acquire 0.05 million shares each respectively from Hanjin Transportation and Jungseok Enterprise at KRW 40,450 per share.

Korea Airport Service Co., Ltd. (KOSE:A005430) completed the acquisition of remaining 50% stake in Air Korea Co. Ltd. from Hanjin Transportation Co., Ltd. (KOSE:A002320) and Jungseok Enterprise Corp. on December 29, 2014.