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227840 — Hyundai Holdings News Story

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Brief: Hyundai C&F to set up new subsidiary in Singapore

Oct 28 (Reuters) - Hyundai C&F Inc  227840.KS  : 
     
    * Says it will invest 3.42 billion won to set up a new 
wholly owned subsidiary named Hyundai Indochina pte.,ltd, in 
Singapore  
    * Says the new subsidiary will be engaged in trading and 
investment business and capitalized at 3.42 billion won 
    * Expected transaction settlement date is Nov. 30 
     
     
    Source text in Korean: https://goo.gl/hGJCsf 
    Further company coverage:  227840.KS  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))

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