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April 20, 2024

Hyundai Motor purchases W90b MMT

PUBLISHED : February 25, 2019 - 11:50

UPDATED : February 25, 2019 - 11:50

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[DISCLOSURE] Hyundai Motor (005380) announced on Feb. 22 that it has acquired money market trust worth 90 billion won (US$80.26 million) from an entity with special relationship Hyundai Motor Investment Securities for stable asset management and improvement of profitability.

The maturity date is Aug. 1.

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

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