20th Nov 2008 09:56
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : November 20, 2008
Disclosure Title : Addition of an Affiliated Company
Affiliated Company
(1) Name of Company : KEFICO Automotive Systems(Beijing) Co.,ltd
(2) Representative : Min Ho Lee
(3) Total Assets : KRW 4,351,800,000
(4) Total Liabilities : -
(5) Total Shareholder's Equity : KRW 4,351,800,000
(6) Paid-in capital : KRW 4,351,800,000
(7) Business Areas : Production and sales of auto parts
2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(China) by KEFICO which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 187 companies
5. Date of Addition : November 20, 2008
6. Date of Confirmation : November 20, 2008
7. Others :
- The financial figures in #1 above are total amount of investment by KEFICO which is scheduled to be invested in installments and are based on the transaction currency for November 19, 2008(KRW 1,450.6/1 USD)
- The number of affiliated companies in #4 above
include both domestic and overseas affiliates (including subsidiaries of the affiliates).
- The addition date in #5 above and the confirmation date in #6 above are the acceptance date of the notice document on establishment of overseas subsidiary by KEFICO.
* Equal announcement obligation for affiliated company
1. Stock Market
- Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.
Related Shares:
Hyundai Mtr.gdr