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Inverstors News

Addition of an Affiliated Company

2006.07.11 No. 439
(1) Name of Company : EUROTEM
(2) Representative : Kim Jae Hong
(3) Total Assets : KRW 942,500,000
(4) Total Liabilities : -
(5) Total Shareholder’s Equity : KRW 942,500,000
(6) Paid-in capital : KRW 942,500,000
(7) Business Areas : Production of rolling stock
Addition through the establishment of an overseas subsidiary(Turkey) by ROTEM which is an affiliate of Hyundai Motor Company.
- 149 companies
- The expected investment amount is USD 505,000 (50.5%) of the establishment capital USD 1,000,000.
- The financial amounts in # 1 above are based on the exchange rates for July 11, 2006(KRW 942.50 / 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 is the registration date of incorporation and the confirmation date in #6 above is the acceptance date of the notice document for establishment of an overseas subsidiary.
on the authorization process, laws and ordinances, etc.
of the related countries(including both Turkey and Korea).
* Equal announcement obligation for affiliated company
Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS
Eco Plastic Corporation
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