9th Mar 2007 09:21
Hyundai Motor Company09 March 2007 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure date : March 09, 2007Disclosure title : Resolution of the Annual General Meeting of Shareholders' (AGM) 1. Approval of the financial statements of the 39th business year : (unit: million KRW)Total assets 26,429,958 Sales 27,335,368Total liabilities 10,379,130 Operating income 1,234,448Capital stock 1,484,942 Net income 1,526,063Total shareholders' Equity 16,050,828 *Earnings per share KRW 7,021 * Opinion of outside auditor : appropriate 2. Details of dividends: 1) Dividends per share : Common shares KRW 1,000 Series 1 preferred shares KRW 1,050 Series 2 preferred shares KRW 1,100 Series 3 preferred shares KRW 1,050 2) Total cash dividends : KRW 275,373,223,550 3) Dividend ratio to market value : Common Shares 1.5% Series 1 preferred Shares 2.8% Series 2 preferred shares 2.9% Series 3 preferred shares 3.0% 3. Current status of directors and audit committee (as of appointment date) : 1) Appointees : - Internal Directors : Choi Jae Kook *newly appointed Kim Dong Jin *re-appointment (total 2 persons) - Outside Directors : Lee Sun *newly appointed (total 1 person) - Audit Committee Member: Kang Il Hyung *newly appointed Yim Young Choel *newly appointed Kim Dong Gi *re-appointment (total 3 persons) 2) Total number of registered directors : 9 3) Total number of outside directors : 5 4) Percentage of outside directors appointed: 55.6% 5) Total number of audit committee members : 4 (all members of the audit committee are outside directors) 4. Other resolutions : 1) Agenda 1 - Approval of the Financial Statements of 39th Business Year (From 01/01/2006 to 12/31/2006) as was originally proposed. 2) Agenda 2 - Approval of 'Amendment of the Articles of Incorporation' as was originally proposed. 3) Agenda 3 - Approval of 'Appointment of Directors' as was originally proposed (# 3-1 above). : Internal Directors 2 persons / Outside directors 1 person 4) Agenda 4 - Approval of 'Appointment of a member of audit committee' as was originally proposed (#3-1 above). : 3 persons 5) Agenda 5 - Approval of 'Limit on Remuneration for Board of Directors' as was originally proposed. 5. Date of AGM : March 09, 2007 6. Others : - The 'Earnings Per Share' in #1 above is earnings per ordinary common share. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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