Hyundai Glovis Purchases 50 Billion KRW Worth of Securities from Hyundai Motor Securities
[Asia Economy Reporter Park Jihwan] Hyundai Glovis announced on the 22nd that it purchased 50 billion KRW worth of marketable securities (MMT) issued by Hyundai Motor Securities.
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The purpose of the transaction is stable fund management and profitability enhancement. The securities issuance date is January 22, and the maturity date is April 21.
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