SEBANG CO., LTD is a Korea-based company engaged the logistics business. The Company's offerings have four categories: transportation services for containers and bulk cargoes in Korea; port shipment and stevedoring services for import and export cargoes; warehousing services for container yards (CYs) and container freight stations (CFSs), and construction works, including apartments, roads, grain warehouses and reconstruction works. It also engages in the leasing of real estate, as well as logistics system construction and maintenance business. As of December 31, 2011, the Company had 20 affiliated companies. On May 4, 2012, the Company sold its shares of Sebang Industrial Co., Ltd., engaged in the manufacturing and sale of storage battery items. After the transaction, the Company's stake in Sebang Industrial Co., Ltd. changed from 68.19% to 40.19%.