Last 65,700 KRW
Change Today -3,300.00 / -4.78%
Volume 21.4K
As of 2:26 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

e1 corp (017940) Snapshot

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11/11/13 - 77,800
52 Week Low
03/21/14 - 62,800
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e1 corp (017940) Details

E1 Corporation imports, exports, stores, and supplies liquefied petroleum gas (LPG) primarily in South Korea. The company operates wharf facilities for carriers ranging from pressurized ships to LPG ocean carriers. It also transports LPG from oil-producing countries by deep sea refrigerator ships; and stores and manages LPG at Yeosu and Incheon terminals equipped with sea and land loading/unloading facilities. In addition, the company supplies LPG through various sales channels, including autogas stations, refueling stations, and retailers to residences and commercial establishments, as well as through direct pipelines for petrochemical plants. It also exports LPG to Thailand, China, Taiwan, Japan, Vietnam, and internationally. The company was founded in 1984 and is headquartered in Seoul, South Korea.

Founded in 1984

e1 corp (017940) Top Compensated Officers

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e1 corp (017940) Key Developments

E1 To Buy Stake In Cardinal Gas Solutions

E1 Corporation (KOSE:A017940) has asked the National Pension Service (NPS) and other financial partners to join a $540 million bid to buy a 34% stake in Cardinal Gas Solutions (Cardinal Gas Services) (CGS), E1 officials said on August 11, 2014. "We are aiming to finalize the enrolment of other partners by the end of this year," an E1 official said. He said the partners are still negotiating the details of the investment terms. The bid is part of E1's effort to diversify its business portfolio in the LPG business, aimed at expanding overseas. The NPS will invest $250 million; E1, $50 million; Public School Teachers' Pension & Retirement Fund of Chicago, $50 million; The Military Mutual Aid Association Co., Ltd., $40 million; and Korea Scientists & Engineers Mutual-aid Association, $30 million. Macquarie Samchully Asset Management Co., Ltd. will oversee management of the funds. E1 share prices were higher on the reports that state funds will buy into Cardinal Gas Solutions.

Samchully Creates Fund And Reportedly Looks To Acquire Cardinal Gas Services

Financial sector sources were cited as saying that National Pension Service, Korea Scientists & Engineers Mutual-aid Association, and E1 Corporation (KOSE:A017940), are planning to invest in the fund created by Samchully Co.,Ltd.'s (KOSE:A004690) asset management arm. The fun will be sized at KRW 500 billion. It was reported by the Maeil Business that Samchully is looking to acquire a 34% stake in Cardinal Gas Services.

E1 Corporation, Annual General Meeting, Mar 28, 2014

E1 Corporation, Annual General Meeting, Mar 28, 2014., at 10:00 Korea Standard Time. Location: 513, Gangnam-gu, Seoul COEX Conference Room (South) No. 300. Agenda: To consider consolidated financial statements for the period ended December 31, 2013; to consider the election of directors; to approve the appointment of Audit Committee; and to approve Directors remuneration.


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