SAMA Acquires Shares in Korean Shipbuilder

Posted on 01/20/2015

The Saudi Arabian Monetary Agency (SAMA) has acquired a 7.26% stake in Hyundai Mipo Dockyard Co. Ltd, a South Korean tanker specialist, over a series of open market transactions. SAMA acquired the shares on Seoul’s bourse over a series of three days (January 7, 9 and 12). Headquartered in Ulsan, Hyundai Mipo was founded in […]

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