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Investment in an affiliate company

17th Sep 2012 10:47

RNS Number : 4042M
Hyundai Motor Company
17 September 2012
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

Disclosure date : September 17, 2012

Disclosure title : Investment in an affiliate company

 

1. Affiliate: Hyundai Kefico

 

2. Investment Detail

A. Date of Investment: 1st - September 27, 2012 / 2nd - October 30, 2012

B. Investment Target: 1st - Hyundai Kefico 10,000,000 Common Shares

2nd - Hyundai Kefico 5,000,000 Common Shares

C. Investment Amount: 1st - 100 Billion Korean Won

2nd - 50 Billion Korean Won

D. Total Paid-in Capital increase of Kefico: 1st - 120.9 Billion Korean Won

2nd - 170.9 Billion Korean Won

 

3. Purpose of Investment: Participate in Paid-In Capital Increase

 

4. Resolution date of Board of Directors: September 15, 2012

A. Attendance of outside Directors: 5 out of 5

B. Attendance of Auditors: Yes

 

5. Others

A. The above is for our participations in each of two Paid-in capital increases

B. The investment date in #2 is the date of payment of stocks

C. The above contents may be subject to change depending on procedures of paid-in

capital increase or related legislations.

 

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