4th Mar 2011 12:07
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure date : March 4, 2011
Disclosure title : Securities Purchase from Major Shareholder
1. Shareholder : Chung Mong-koo
- Relationship to Company : an affiliate person
2. Details of Transaction :
Date of Transaction | Object of Transaction | Transaction Amount | Accumulated amount of transaction |
March 4, 2011 | 182,457 common shares of Glovis Co., Ltd. | KRW 24,814,152,000 | KRW 111,416,776,000 |
3. Purpose of Transaction : To increase fund management efficiency
4. BOD Decision :
Date of Decision | Number of External Directors Present at the BOD Meeting | Auditor Participation |
March 4, 2011 | 4 of 4 | Yes |
5. Notes
A. The above transaction is based on closing price of March 4th, 2011
B. The securities were purchased via after-hours trading.
C. The auditor present at the BOD meeting is a member of the Audit Committee.
Related Shares:
Hyundai Mtr.gdr