Great Train Express B Line Inc. announced that it will issue 1,600,000 shares at a price of KRW 5,000 per share for gross proceeds of KRW 8,000,000,000 on June 18, 2024. The transaction will include participation from returning investor Daewoo Engineering & Construction Co., Ltd. Post completion of the transaction Daewoo Engineering & Construction Co., Ltd. will hold 94.77% stake in the company. This has been approved in the board of directors of the company.