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SUBSIDIARY NAME

MOKPO FUEL CELL POWER PLANT

COUNTRY

S KOREA

SECTOR/ INDUSTRY

ENERGY

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

APR 18, 2022

ACQUISITION VALUATION

558 MILLION USD

TOTAL ASSET VALUATION

5.58 BILLION USD

ENERGY-OIL-REFINERY-GAS

MOKPO FUEL CELL POWER ENERGY PLANT: IIB-DG acquire MOKPO FUEL CELL Power energy plant on APR 18, 2022, project is for electronic power 99 MHW and Heat Supply 47 MHW. The Feed Stock agreement by City local Government and resources material from LNG will be provided from local City government. MAIN income and securities by Power purchase agreement of the Government.

SUBSIDIARY NAME

SOUL TRADING COMPANY

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