7th Jan 2009 10:27
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : January 07, 2009
Disclosure Title : Addition of an Affiliated Company
Affiliated Company
(1) Name of Company : Innocean Worldwide Rus LLC.
(2) Representative : Bong Keun Lee
(3) Total Assets : KRW 196,830,000
(4) Total Liabilities : -
(5) Total Shareholder's Equity : KRW 196,830,000
(6) Paid-in capital : KRW 196,830,000
(7) Business Areas : Advertising agency and advertisement production
2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(Russia) by Innocean Worldwide which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 187 companies
5. Date of Addition : January 07, 2009
6. Date of Confirmation : January 07, 2009
7. Others :
- The financial figures in #1 above are based on the transaction currency for January 07, 2009 (KRW 1,312.20/1 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 Innocean.
- The above details are subject to change based on the related authorization process and laws of the related countries (including Russia and South Korea)
* Equal announcement obligation for affiliated company
Stock Market
- Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.
Related Shares:
Hyundai Mtr.gdr