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Inverstors News

Addition of an Affiliated Company

2005.07.07 No. 350
1.Affiliated Company
(1) Name of Company : Hyundai Motor UK Limited (HMUK)
(2) Representative : Oh, Young Keun
(3) Total Assets : KRW 36,809,200,000
(4) Total Liabilities : -
(5) Total Shareholder ’s Equity : KRW 36,809,200,000
(6) Paid-in capital : KRW 36,809,200,000
(7) Business Areas : Automobile and parts sales
2.Name of Company Group : Hyundai Motor Group
3.Reason for Addition :
Addition of an affiliated company through establishment of an overseas subsidiary.
4.Shareholding of Major Shareholders and Others
after Addition : 100.0%
5.Number of Affiliated Companies after addition :
- 120 companies
6.Date of Addition : July 07, 2005
7.Others :
- The amount above is based on the exchange rates for July 07, 2005 (KRW 1,840.46 / 1 GBP).
- Paid-in capital( the expected amount of investment)is GBP 20,000,000.
- The number of affiliated companies in #5 above include both domestic and overseas affiliates (including subsidiaries of the affiliates).
- The decision date in #6 is the acceptance date of the Overseas direct investment report.
- The above contents may be subject to change depending on government approvals and authorization process, etc.
(both United Kingdom and Korea).
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