Sedong Energy Tank agreed to acquire 25.62% stake in One Tank Terminal Co., Ltd. from Wonik Cube Corp. (KOSDAQ:A014190) for KRW 19.2 billion on December 24, 2019. Under the transaction, Sedong Energy will acquire 15,100 shares. For the year ended Decembr 31, 2018, One Tank reported KRW 39.7 billion of Total assets, KRW 2 billion sales and net loss of KRW 839 million. The transaction is expected to be closed on December 30, 2019. The company reported Hanul Accounting Firm acted as accountan in the transaction.