You are here

Norway investor urges Hyundai to improve corporate governance

BT_20141104_HYUNDAI4_1349843.jpg
A real estate purchase for three times the property's assessed value has sparked a rout in the Korean automaker's stock.

Seoul

SKAGEN Funds, the biggest holder of Hyundai Motor Co preferred shares, is pushing South Korea's largest carmaker to improve corporate governance after a real estate purchase for three times the property's assessed value sparked a rout in the stock.

The Norwegian fund firm met

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom