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Key events 2003

December 2003
  • Distributions of KRW 1.7 billion paid
  • Prepayment made to acquire shares in the Woomyunsan Tunnel project
  • Prepayment made to acquire shares in the Incheon International Expressway project
  • The 3rd fund raising completed - secured additional Capital Commitments of KRW 262.7 billion (total 19 investors providing a total commitment of 630.2 billion)
September 2003
  • The second General Shareholders' Meeting held on September 26
  • Completion of acquisition of convertible bonds issued by New Daegu-Busan Expressway project for consideration of KRW 32 billion
June 2003
  • The 2nd fund raising completed – secured additional Capital Commitments of KRW 120.5 billion (total 17 investors providing a total commitment of KRW 367.5 billion)
March 2003
  • Completion of acquisition of 100% equity interest in the concession company operating the Gwangju 2nd Beltway, Section 1 project
February 2003
  • Inaugural General Shareholders' Meeting on February 28

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