South Korea: Hyundai/Kia sell Hyundai Wia shares

According to an IFR Asia report, Hyundai Motor and Kia Motors are selling a combined 2.6 million shares in auto supplier Hyundai Wia to raise up to Won 351bn (US$311m). The OEMs are offering the shares at between Won 131,600 and Won 135,000 each, representing a discount of 2.5% to 5% Subscribe to Automotive World … Continued

• By Webmaster
• March 15, 2012