o The share price of Hyundai Glovis moved from 143.000 KRW to 90.600 KRW (- 37%)
and the USDKRW from 1155 to 1219 (-5%) during the quarter.
o Hyundai Glovis reported their financial results for full fiscal year 2019, 
again well-received by the stock market, and showed a healthy underlying
development and financial performance. 
o The AGM of Hyundai Glovis approved the proposed dividend of 3.500 KRW to be
paid to shareholders during April 2020. In light of several large corporates
cutting dividends as a result of current global slow-down, Treasure ASA
currently has no indication of a withdrawal of the Hyundai Glovis dividend, so
that the AGM-approved dividend of 0,40 NOK per share will following in the
beginning of May.
o Hyundai Glovis is expected to release the Earnings Report for the first
quarter 29 April 2020.
o Treasure ASA did not change its ownership during the quarter and the market
value of the shareholding was 335 mUSD at the end of September.

 
For further information please contact:
 
Morten Lertrø, CFO Treasure ASA, + 47 90419994 or info@treasureasa.com

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