Hyundai Motor Company Decision on Transfer of Shares or Investment Certificates of Other Corporations
Original title (Korean): 타법인주식및출자증권처분결정
AI Summary
Original filing ↓Hyundai Motor Company Decides to Dispose of 142,194,700 Shares in HMI via IPO Offer for Sale
- Hyundai Motor Company decided to dispose of 142,194,700 shares in its subsidiary HYUNDAI MOTOR INDIA LIMITED through an offer for sale in connection with the company's listing on the Indian securities market.
- The number of shares held after disposal is 670,346,400 shares, and the ownership ratio is 82.5%.
- The disposal amount and scheduled disposal date are not disclosed as they cannot be finalized until approval by the Securities and Exchange Board of India.
- The board resolution date is Oct 8, 2024.
Notes The number of shares to be disposed may vary depending on the listing process of HYUNDAI MOTOR INDIA LIMITED, and a new disclosure will be made if there are changes. · The disposal amount is not disclosed as the price range cannot be finalized until approval by the Securities and Exchange Board of India, and a new disclosure will be made immediately upon finalization. · The scheduled disposal date is not disclosed as it cannot be finalized until approval by the Securities and Exchange Board of India, and a new disclosure will be made immediately upon finalization. · The decision on detailed matters related to this transaction has been delegated to the CEO or a person designated by the CEO.
This summary was generated automatically from the Korean filing and may contain errors. The original Korean filing prevails.
Original filing
The full filing is available in Korean only.
Other English summaries from Hyundai Motor Company
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| Oct 29, 2026 | Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure) AIHyundai Motor Company Announces Preliminary Q3 2026 Results |
| Oct 29, 2026 | Decision on Disposal of Treasury Stock AIHyundai Motor Company Decides to Dispose of Treasury Stock Worth KRW 271.5 billion |
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Source: Financial Supervisory Service, Data Analysis, Retrieval and Transfer System (DART), via OpenDART. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20241008800370
DART receipt no. 20241008800370