10th Feb 2011 07:31
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure date : February 10, 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 : Glovis | ||
Before Change | Sales To | 1,120 |
Purchase From | 1,760 | |
Total (% of Revenue) | 2,880(0.9) | |
After Change | Sales To | 446 |
Purchase From | 1,362 | |
Total (% of Revenue) | 1,808(0.6) | |
3. Reason for Change : Actual transaction amount is lower than planned
4. Others : Above change is applied to 4Q 2010 transaction plan
* Related disclosure : July 29, 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