Pan Ocean invest in new LNG carrier
Pan Ocean Co., Ltd. is pleased to announce the Company will invest new vessels as follows:
1. Specific Object of Investment – Shipbuilding contract of one LNG Carrier
2. Details of Investment
- Amount to be Invested(KRW) – 204,037,600,000
- Equity Capital (KRW) – 2,899,530,653,121
- Ratio to Equity Capital(%) – 7.04%
3. Purpose of Investment – In order to expand LNG Business
4. Investment
- From 2021-01-05
- Period To 2023-04-30
5. Date of Board Resolution (Decision Date) – 2020-12-24
- Attendance of Present(No.) 3
- Outside Directors Absent(No.) 1
- Attendance of Auditors(members of Audit Committee) Present
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6. Other references useful for making investment decisions |
1. The amount in the above item 2 was converted into Korean won(KRW) with the initial exchange rate of date of Board Resolution. The amount might be changed according to the exchange rate. 2. The investment period in the above item 4 means of shipbuilding contract date and the date when the vessel is to be delivered and the date would be changed as per the shipbuilding schedule. |
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