Hyundai Mipo Dockyard (HMD) held its 41st Annual General Meeting of Shareholders at Hanwoori Cultural Center on March 27.

The meeting agenda included approval for the financial statements, and the ceiling for Board of Directors’ remuneration as well as appointment of directors.

The Board of Directors appointed Mr. Kang Hwan-goo, CEO of HMD as an inside director and appointed Mr. Cho Young-cheol, executive vice president of HMD as a new non-executive director.

“In 2014, we experienced many difficulties due to the recession in shipbuilding field, but we will come up to your expectations and overcome the difficulties by being ready for a new type of ship, ethylene gas carrier,” Mr. Kang Hwangoo said at the meeting.