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LOI signing : Commercial Vehicle venture in China

21st Dec 2009 09:30

RNS Number : 4513E
Hyundai Motor Company
21 December 2009
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure Date : December 21, 2009

Disclosure Title  Miscelleneous Items

1. Event : LOI signing for establishment of commercial vehicle

joint venture in China

 

2. Details : 

JV partner : Baotou Bei Ben Heavy-Duty Truck Co.

- Date and Place : December 19, 2009 at Hyundai Motor Company

Headquarter

Investment : USD 400 million (Hyundai 50 : Baotou 50)

- Product : commercial vehicles

 

3. Others : 

Above information may be subject to change depending on 

government regulation and market environment.

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