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Key events 2008

August 2008
  • MKIF paid an interim distribution of 2008 to shareholders of KRW 230 per share.
July 2008
  • 2007 First half financial results announced on 22 July.
  • Machang Bridge – Open to traffic
  • MKIF reached financial close on the purchase of 51% (KRW20.5 billion) equity interest in Machang Bridge
June 2008
  • MKIF announced a record date for interim distribution of 30 June
April 2008
  • MKIF received a credit rating of AA- (stable) by the Korea Ratings Company.
March 2008
  • The 9th General Shareholders' Meeting was held on 21 March.
  • MKIF divested its entire holding of CB issued by New Daegu Busan Expressway Co., Ltd., the concession company of New Daegu-Busan project.
February 2008
  • MKIF paid a final distribution of 2007 to shareholders of KRW 220 per share.
January 2008
  • 2007 Full year financial results announced on 29 January.
  • On the Busan New Port Phase 2-3 Project, all conditions precedent to drawdown under the equity agreements was satisfied and MKIF injected KRW 12.85 billion out of a total equity commitment of KRW 259.4 billion to Busan New Container Terminal the concession company for this project.
  • MKIF securitised 99.2% of its senior loan investment in Baekyang Tunnel Ltd., the concession company of Baekyang Tunnel.
  • Following the satisfaction of all conditions precedent to drawdown, MKIF reached financial close on its investment into the Seoul Metro Line 9 Company, the concession company of Seoul Subway Line 9 Section 1.

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