5 Sep 2008 10:25
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : September 05, 2008
Disclosure Title : Addition of an Affiliated Company
Affiliated Company
(1) Name of Company : Innocean Worldwide Beijing Ltd.
(2) Representative : An Ho Lee
(3) Total Assets : KRW 5,040,000,000
(4) Total Liabilities : KRW 4,609,000,000
(5) Total Shareholder's Equity : KRW 431,000,000
(6) Paid-in capital : KRW 362,939,580
(7) Business Areas : Advertising agency and advertisement production
2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the acquisition of an overseas subsidiary(China) by Innocean Worldwide which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 182 companies
5. Date of Addition : September 05, 2008
6. Date of Confirmation : September 05, 2008
7. Others :
- The financial figures in #1 above are based on the transaction currency for July 31, 2008(KRW 147.73/1 CNY)
- 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 which notices that the above company is included in the group.
- The above details are subject to change based on the related authorization process and laws of the related countries
(including China 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.