Last checked at 25 Jun 2008 09:54
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure Date : June 25, 2008
Disclosure Title : Addition of an Affiliated Company
Affiliated Company
(1) Name of Company : Rotem Automotive India Private Limited
(2) Representative : Kim Yong Chul
(3) Total Assets : KRW 2,662,000
(4) Total Liabilities : -
(5) Total Shareholder's Equity : KRW 2,662,000
(6) Paid-in capital : KRW 2,662,000
(7) Business Areas : Construction and Maintenance of Plant equipments
2. Name of Company Group : Hyundai Motor Group
3. Reason for Addition :
Addition through the establishment of an overseas subsidiary(India) by Hyundai Rotem which is an affiliate of Hyundai Motor Company.
4. Number of Affiliated Companies after addition :
- 175 companies
5. Date of Addition : June 20, 2008
6. Date of Confirmation : June 25, 2008
7. Others :
- The above mentioned amount in # 1 are based on the initial remittance and the exchange rates for June 25, 2008(KRW 24.20 / 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 date of remittance 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
Stock Market
- Kia Motors Corporation, Hyundai Mobis, Hyundai Steel, Hyundai Hysco, BNG Steel, Hyundai Autonet, GLOVIS, HMC Investment Securities.