Hanjin Shipping and Keoyang Shipping to merge
Hanjin Shipping has announced that it is merging with one of its subsidiaries, Keoyang Shipping.(4/14/2008)
The shareholders’ meeting for approval of the merger is scheduled to take place on the May 29th.
Keoyang Shipping specialises in dry bulk, with the major source of income being the transportation of iron ore and coal for POSCO, KEPCO and their affiliated companies.
In 2007, Keoyang Shipping’s total sales recorded KRW 140.2 billion, with operating profit of KRW 24.8 billion and net profit of KRW 20 billion. Its total assets reached KRW 338.9 billion, and its liability ratio was 35%.
Hanjin Shipping says that this merger is part of its mid- to long-term plan to expand its bulk
Hanjin Shipping has announced that it is merging with one of its subsidiaries, Keoyang Shipping.(4/14/2008)
The shareholders’ meeting for approval of the merger is scheduled to take place on the May 29th.
Keoyang Shipping specialises in dry bulk, with the major source of income being the transportation of iron ore and coal for POSCO, KEPCO and their affiliated companies.
In 2007, Keoyang Shipping’s total sales recorded KRW 140.2 billion, with operating profit of KRW 24.8 billion and net profit of KRW 20 billion. Its total assets reached KRW 338.9 billion, and its liability ratio was 35%.
Hanjin Shipping says that this merger is part of its mid- to long-term plan to expand its bulk
business, which is now around 20% of the company’s total sales
from :eyefortransport.com.
المشاركات
ليست هناك تعليقات:
إرسال تعليق