28th Jan 2010 11:00
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure date : January 28, 2010
Disclosure title : Equity Investment in Major Shareholder
1. Name of investment recipient : Hyundai Powertech
- Relationship with Company : Affiliate
2. Details of Investment:
- Expected investment date : February 18, 2010
- Object of investment : 7,515,241 common shares of Hyundai Powertech
- Investment amount : KRW 37,576,000,000
- Total investment amount in Hyundai Powertech : KRW 172,576,000,000
- Method of Investment : Participation in rights offering
3. Date of BOD Resolution : January 28, 2010
- Attendance of Outside Directors : 5 out of 5
- Attendance of auditors: Yes
* The auditors are members of the audit committee
4. Applicability under Securities Transaction Act : No
5. Others:
- The expected Investment date in #2 is expected deposit date.
- Amounts less than KRW 100,000 have been rounded up in the 'Total investment amount in Hyundai Powertech' in #2 above, assuming the participation in rights offering
- The above contents are subject to change depending on process for the participation in rights offering and related regulations.
Related Shares:
Hyundai Mtr.gdr