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April 19, 2024

Kia Motors acquires W50b MMT from HM Securities

PUBLISHED : October 12, 2017 - 09:33

UPDATED : October 12, 2017 - 09:33

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[DISCLOSURE] Kia Motors (000270) announced on Oct. 11 it has acquired money market trust worth 50 billion won (US$44.16 million) from its affiliate Hyundai Motor Investment Securities for stable asset management and improvement of profitability.

By Hwang You-mee (glamazon@heraldcorp.com)

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