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Wednesday 07 January, 2009

Hyundai Motor Co

Addition of an affiliated com

RNS Number : 2494L
Hyundai Motor Company
07 January 2009
 




HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange 



Disclosure Date    :  January 07, 2009

Disclosure Title    : Addition of an Affiliated Company


  • Affiliated Company

(1) Name of Company Innocean Worldwide Rus LLC. 

(2) Representative : Bong Keun Lee

(3Total Assets : KRW 196,830,000

(4Total Liabilities : -

(5) Total Shareholder's Equity : KRW 196,830,000

(6Paid-in capital : KRW 196,830,000

(7) Business Areas : Advertising agency and advertisemenproduction

 

2. Name of Company Group : Hyundai Motor Group

 

3. Reason for Addition 

Addition through the establishment of an overseas subsidiary(Russia) by Innocean Worldwide which is an affiliate of Hyundai Motor Company.

 

4. Number of Affiliated Companies after addition : 

187 companies

 

5. Date of Addition January 07, 2009

6. Date of Confirmation : January 07, 2009

 

7. Others : 


The financial figures in #1 above are based on the transaction currency for January 07, 2009 (KRW 1,312.20/1 USD)


The number of affiliated companies in #4 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).


- The addition date in #5 above and the confirmation date in #6 above are the acceptance date of the notice document on establishment of overseas subsidiary by Innocean.


- The above details are subject to change based on the related authorization process and laws of the related countries (including Russia and South Korea)


* Equal announcement obligation for affiliated company 

  • Stock Market

Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.



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