27th Jan 2011 09:55
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure date : January 27, 2011
Disclosure title : Change in Transaction with Affiliated Company
Controlled by Same Person*
Details of Transaction :
(Unit : KRW 100 million)
1. FY09 Revenue : 318,593
2. Amount of Transaction between HMC and Affiliated Company Controlled by Same Person
Name of Affiliate : Innocean Worldwide | ||
Before Change | Sales To | - |
Purchase From | 180 | |
Total (% of Revenue) | 180 (0.06) | |
After Change | Sales To | - |
Purchase From | 377 | |
Total (% of Revenue) | 377 (0.1) | |
3. Date of Board Resolution : January 27, 2011
4. Reason for Change : The Company expects transaction amount to be
higher than planned
5. Others : Above change is applied to 1Q 2011 transaction plan
* Related disclosure : October 28, 2010
* "Affiliated Companies Controlled by Same Person" as defined by The
Monopoly Regulation and Fair Trade Act refers to companies where a
single individual and/or his relations owns a combined share of 30% for non-listed companies and 50% for listed companies.
Related Shares:
Hyundai Mtr.gdr