About Treasure ASA
Treasure ASA is a Norwegian public limited liability company. Upon listing, the company holds 12.04% ownership interest in Hyundai Glovis through Den Norske Amerikalinje AS (NAL), a wholly-owned subsidiary. Established in 2016, Treasure ASA now forms part of a global cluster of companies controlled by the Wilhelmsen group.
Treasure ASA’s goal is to create shareholder value through the competitive return on their investments.
Treasure ASA has a corporate governance regime which will comply with the Norwegian Code of Practice for Corporate Governance. The company is included in a corporate governance report, as part of Wilh. Wilhelmsen ASA’s annual report.
The board heads the company’s strategic planning and makes decisions that form the basis for the administration's execution of the agreed strategy.
Legal company structure
Wilh. Wilhelmsen Holding ASA (WWH) holds a majority share in Treasure ASA with a controlling share interest of 72.73%. The remaining shares are owned by institutional and private shareholders.
Treasure ASA owns a 12.04% investment in Hyundai Glovis through Den Norske Amerikalinje ASA.
Hyundai Glovis is a Korean-based company offering domestic and international logistics and distribution services. The company was incorporated in 2001 and is listed on the Korean Stock Exchange.