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Hyundai Merchant Marine Co Ltd (011200.KS)

011200.KS on Korea Stock Exchange

6,810.00KRW
20 Oct 2017
Change (% chg)

₩-70.00 (-1.02%)
Prev Close
₩6,880.00
Open
₩6,890.00
Day's High
₩6,890.00
Day's Low
₩6,780.00
Volume
575,207
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936,855
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₩9,690.00
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₩5,870.00

Latest Key Developments (Source: Significant Developments)

Hyundai Merchant Marine to buy 5 VLCC for 470.28 bln won
Thursday, 31 Aug 2017 11:48pm EDT 

Sept 1 (Reuters) - Hyundai Merchant Marine Co Ltd <011200.KS> ::* Says it plans to buy 5 VLCC(Very Large Crude-oil Carrier) at a price of 470.28 billion won.  Full Article

Hyundai Merchant Marine to buy two 11,000TEU container ships for 181.89 bln won
Thursday, 31 Aug 2017 11:43pm EDT 

Sept 1 (Reuters) - Hyundai Merchant Marine Co Ltd <011200.KS> ::* Says it plans to buy two 11,000TEU container ships for 181.89 billion won .  Full Article

Hyundai Merchant Marine lowers conversion price of 189th series bonds to 8,184 won/share
Wednesday, 2 Aug 2017 05:46am EDT 

Aug 2 (Reuters) - Hyundai Merchant Marine Co Ltd <011200.KS> ::* Says it lowered conversion price of 189th series bonds to 8,184 won/share from 9,289 won/share.  Full Article

Hyundai Merchant Marine to buy Total Terminal International Algeciras for 117.6 bln won
Thursday, 11 May 2017 09:12pm EDT 

May 12 (Reuters) - Hyundai Merchant Marine Co Ltd <011200.KS> ::* Says it plans to buy entire 50 million shares of a Spain company Total Terminal International Algeciras, for 117.6 billion won .  Full Article

Maersk Line increases capacity on Asia-Europe and Transpacific services
Monday, 13 Feb 2017 03:08am EST 

A.P. Moller-Maersk : Says Maersk Line introduces a new service - ae7 - on Asia- North Europe trade and a new service - tp16 - on Transpacific trade . Says new services will enable MSC and Maersk Line to accommodate incoming volumes from recently announced slot purchase agreements with Hyundai Merchant Marine and Hamburg Süd . The two carriers will move cargo, but not operate vessels in the 2M network . "Our new slot agreements require that we increase our capacity. With these service improvements we are adding the necessary capacity to match the increase in volumes," said Silvia Ding, Head of Trade in Maersk Line . The transit time from South China to the US South Atlantic will improve by eight days, which will be the fastest in the market, it said . In addition, Maersk Line will merge the TP8 and TP3 services between Asia and the US West Coast into one service, the TP8 . The enhancements are effective 1 April 2017. Further company coverage: [MAERSKb.CO] (Reporting by Stine Jacobsen) ((stine.jacobsen@thomsonreuters.com;)).  Full Article

Hyundai Merchant Marine to issue 190th series convertible bonds worth 300 bln won
Monday, 19 Dec 2016 10:34pm EST 

Hyundai Merchant Marine Co Ltd <011200.KS> : Says it will issue registered and unsecured convertible bonds worth of 300 billion won at 6,269 won/share .Says annual coupon rate is 1 percent and yield to maturity is 3 percent, conversion period from Dec. 19, 2017 to Jun. 29, 2021.  Full Article

HYUNDAI MERCHANT MARINE to issue convertible bonds worth 200 bln won
Tuesday, 2 Aug 2016 08:52pm EDT 

HYUNDAI MERCHANT MARINE CO.,LTD <011200.KS>: Says it will issue the 189th unregistered/unsecured private convertible bonds, raising 200 billion won in proceeds . Maturity date of June 30, 2019, yield to maturity of 0.5 pct and annual coupon of 0.0 pct, lump-sum redemption of principal on maturity date for the bonds .A 100 pct conversion rate of bonds to common shares at 9,530 won per share, and a conversion period from Aug. 2, 2017 to June 29, 2019.  Full Article

Hyundai Merchant Marine has signed MOU with 2M vessel sharing agreement
Thursday, 14 Jul 2016 03:43am EDT 

Hyundai Merchant Marine <011200.KS> : Completed all steps of restructuring process, debt-for-equity swap by creditors will be executed as planned . Signed mou with 2M vessel sharing agreement for providing joint service to begin from April 2017 . Mou signed between HMM and the 2M carriers is a binding agreement in regards to HMM's entry to the 2m VSA . Has successfully completed all conditions set out in the voluntary agreement with creditors from march 2016 .Upon completion of said debt-for-equity swap, financial structure of hmm will be significantly improved.  Full Article

HYUNDAI MERCHANT MARINE to sell entire stake in HYUNDAI Learning&Training Center
Wednesday, 4 May 2016 04:13am EDT 

HYUNDAI MERCHANT MARINE CO.,LTD:To sell its entire 184,874 shares of HYUNDAI Learning&Training Center, for 85,593,334,270 won.  Full Article

HYUNDAI MERCHANT MARINE adjusts exercise price of bonds with warrants and convertible bonds
Friday, 22 Apr 2016 04:08am EDT 

HYUNDAI MERCHANT MARINE CO.,LTD:Adjusted the exercise price of its 188th bonds with warrants to 46,529 won per share, from 6,647 won per share.Adjusted the exercise price of its 186th bonds with warrants to 35,000 won per share, from 5,000 won per share.Adjusted the conversion price of its 187th convertible bonds to 46,529 won per share from 6,647 won per share.Adjusted the conversion price of its 185th convertible bonds to 46,536 won per share from 6,648 won per share.Adjusted the conversion price of its 184th convertible bonds to 47,474 won per share from 6,782 won per share.Adjusted the conversion price of its 183th convertible bonds to 43,442 won per share from 6,206 won per share.Adjusted the conversion price of its 182th convertible bonds to 49,665 won per share from 7,095 won per share.Effective date of Jan. 27.  Full Article

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Hyundai Merchant Marine says in talks with BlackRock about potential investment

SEOUL South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) is in talks with BlackRock Inc about a potential investment but details have yet to be discussed, a HMM spokesman said on Monday.