Hyundai Samho Heavy Industries (HSHI) has attracted KRW 300 bn ($265m) in fresh capital from a South Korean private equity firm.
Seoul-based IMM Private Equity will be issued with 5.36m new convertible preferred shares in HSHI at a price of KRW 56,000 each.
HSHI said the deal takes its total market value to KRW 2.5 trillion won and enables parent company Hyundai Heavy Industries (HHI) to put a value on its 83.7%
