The Business Times
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Hyundai Motor heir apparent to buy US$420m worth of company shares

Published Thu, Sep 24, 2015 · 10:16 AM

    [SEOUL] Hyundai Motor Vice Chairman Chung Eui-sun, founding family member and heir apparent at the automaker, plans to buy 3.16 million shares in the company from Hyundai Heavy - a holding worth some 500 billion won (US$420 million), a filing said.

    Hyundai Heavy Industries Co Ltd said in a separate filing it planned to sell 500 billion won worth of shares in the automaker.

    REUTERS

    Hyundai

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