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Disclosure of counterparty

27th Jan 2011 09:58

RNS Number : 1836A
Hyundai Motor Company
27 January 2011
 



 

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

 

Disclosure Date : January 27, 2011

Disclosure Title : Disclosure of counter-party in financial transaction with financial affiliate

 

 

Transaction Party :

HMC Investment Securities

Subject of Transaction

Transaction Amount

Transaction Condition

TransactionPurpose

Category

Financial Product

Operating Funds

(KRW bil.)

Raising Funds

(KRW bil.)

Interest Rate

Other

Financial

Transaction

Current

Deposit

300

-

Market rate

Managing Funds

Time

Deposit

700

-

Corporate bond & others

-

300

When fund raising is needed

TOTAL

1,000

300

-

-

 

1.Date of BOD Resolution : January 27, 2011

2.Attendance of Outside Directors : 4 out of 4 present

3.Period of Transaction :

- Other Financial Transaction : 2Q 2011

- Corporate bond & others : 2Q 2011

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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