Market update - 3. Quarter 2018

News |
  • The share price of Hyundai Glovis moved from 115.500 KRW to 130.000 KRW and the USDKRW from 1115 to 1110 during the quarter.
  • Treasure ASA’s number of shares in Hyundai Glovis remained unchanged in the quarter and the shares’ market value was 528 mUSD at the end of September.
  • As previously communicated the original proposed restructuring of the Hyundai group was abandoned before the summer. Treasure ASA has no information on the timing and structure of a revised restructuring at the time of writing, but remain positive with respect to any restructuring which will improve governance structure.
  • Treasure ASA continues to closely monitor relevant newsflow and will inform the market accordingly on material consequences for the company.
  • Hyundai Glovis released the Earnings Report for the third quarter yesterday, which can be found on www.glovis.net


For further information please contact: 
Morten Lertrø, CFO Treasure ASA, + 47 90419994 or info@treasureasa.com
Benedicte Teigen Gude, SVP HR and communications, Wilh. Wilhelmsen Holding ASA, +47 95907951

Cookie Policy

We use cookies for statistical analysis, to support the marketing of our services and to improve the usability of our website. By visiting our website, you consent to our and third party use of cookies as described in our privacy policy.