Font Size
Inverstors News

Addition of an Affiliated Company

2006.08.02 No. 443
1. Affiliated Company
(1) Name of Company : AutoEver Systems India Private Limited
(2) Representative : Shim Eui Sup
(3) Total Assets : KRW 514,000,000
(4) Total Liabilities : -
(5) Total Shareholder’s Equity : KRW 514,000,000
(6) Paid-in capital : KRW 514,000,000
(7) Business Areas : Data processing and other business related computer management

2. Name of Company Group : Hyundai Motor Group

3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(India) by AutoEver Systems which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 152 companies
5. Date of Addition : July 28, 2006
6. Date of Confirmation : August 02, 2006
7. Others :
- The expected investment amount is INR 25,000,000.
- The financial amounts in # 1 above are based on the exchange rates for August 02, 2006(KRW 20.56 / 1 INR).
- 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 establishment date and the confirmation date in #6 above is the acceptance date of the notice document for establishment of an overseas subsidiary.
- The above contents may be subject to change depending
on the authorization process, laws and ordinances, etc.
of the related countries(including both India and Korea).

* Equal announcement obligation for affiliated company
1. Stock Market
Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, KASCO, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS
2. KOSDAQ Market
Eco Plastic Corporation


Quick Menu
Page sharing