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Inverstors News

Addition of an Affiliated Company

2005.01.03 No. 287
3. Reason for Addition :
Establishment of a local overseas joint corporation(by Hyundai Motor America, a local overseas subsidiary of Hyundai Motor Company)
4. Shareholding of major shareholders after addition : 100.00%
5. Number of Affiliated Companies after addition :
- 108 companies
6. Date of Addition(Internal Decision Date) : January 03, 2005
7. Others :
i) The financial data in #1 above is based on the exchange
rates for January 03, 2005(KRW 1,035.60 / 1 USD)
ii) Shareholding ratio of major shareholders in #4 above
- Hyundai Motor America : 50%
- Kia Motors America Inc. : 50%
iii) The number of affiliated companies in #5 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
iv) The decision date in #6 is the acceptance date of
overseas direct investment change of details report.
v) The above contents are subject to change depending on government approvals and authorization process of the related countries.
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