Hi Gold Ocean No.3 Ship Investment Company (the Fund) is a Korea-based investment fund engaged in the shipbuilding markets. The fund aims to achieve capital growth and generate dividends for private investors through investing in the building, sale, purchase and long-term chartering of vessels. The Company invests its asset to construct two Supramax bulk carriers weighing 57,000 dead weight tons (DWTs) built by Jiangsu New Hantong Ship Heavy Industry Co., Ltd. The Investment of the Fund is Kukie Maritime Investment Corporation and its custodian is Hana Bank. Its equity sales agent is HI INVESTMENT & SECURITIES CO.,LTD. On September 20, 2012, the Company acquired a a bulk carrier.