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Equity Inv. Affiliate as a Major Shareholder

25th Jun 2009 16:44

RNS Number : 4941U
Hyundai Motor Company
25 June 2009
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange 

Disclosure date  June 25, 2009

Disclosure title Equity Investment in an Affiliate as a Major Shareholder

1. Name of investment recipient : HMC Investment Securities

- Relationship with Company : Affiliate

2. Details of Investment

Date of Investment : June 30, 2009

Object of Investment : 3,362,476 common shares of 

HMC Investment Securities

- Investment Amount : KRW 63,551,000,000

- Total Investment Amount in HMC Investment Securities : KRW 235,276,000,000

Purpose of Investment : Participation in rights offering

3. Date of BOD Resolution : June 25, 2009

- Attendance of Outside Directors : 5 out of 5 

- Attendance of Auditors: present

4. Applicability under the Securities and Exchange Act : No

5. Others:

 The date of investment in #2 above is the scheduled date of deposit.

'Total Investment Amount in HMC Investment Securities' in #2 above has been rounded up to nearest KRW 100,000.

- The auditors are members of the audit committee.

 The above contents are subject to change depending on progress of participation in paid-in capital increase and relevent regulations. 

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