6th Jan 2009 10:30
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : January 06, 2009
Disclosure Title : Exclusion of an Affiliated Company
Affiliated Company
(1) Name of Company : Corentec co.,Ltd
(2) Representative : Doo Hoon Sun
(3) Total Assets : KRW 16,692,961,586
(4) Total Liabilities : KRW 14,777,512,608
(5) Total Shareholder's
Equity : KRW 1,915,448,978
(6) Paid-in capital : KRW 1,305,000,000
(7) Business Areas : Development and production of medical equipment
2. Name of Company Group : Hyundai Motor Group
3. Reason for Exclusion :
Shareholding of Hyundai Motor Company's special interest individual in Corentec co.,Ltd decreased to below 30% and Hyundai Motor Company does not have dominant influence on Corentec co.,Ltd
4. Number of Affiliated Companies after exclusion :
- 186 companies
5. Date of Exclusion : January 06, 2009
6. Date of Confirmation : January 06, 2009
7. Others :
- The financial amounts in # 1 above are as of December 31, 2007.
- The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
- The date of exclusion in #5 is the notification date of exclusion by the Fair Trade Commision and the date of confirmation in #6 is the acceptance date of an official document for exclusion of an affiliated company.
* Equal announcement obligation for affiliated company
1. Stock Market
Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities
Related Shares:
Hyundai Mtr.gdr