The Business Times
business-time-50

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

google-preferred-sourceAdd BT as a preferred source
Published Thu, Sep 24, 2015 · 10:16 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [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

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

    Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

    Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

    Loyang Valley sold for S$880 million to SingHaiyi-led consortium

    The price tag for the Nassim Road GCB works out to nearly S$4,550 per square foot.

    Nassim Road bungalow changing hands for S$64.9m 

    Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.

    In taxing wealth, how far can Singapore push property owners?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More