Hyundai Glovis Purchases 50 Billion KRW MMT from Hyundai Motor Securities
[Asia Economy Reporter Wondara] Hyundai Glovis announced on the 19th that it purchased a 50 billion KRW scale Money Market Trust (MMT) from Hyundai Motor Securities. The maturity date is January 18, 2021, and the interest rate is the market rate. The company explained that this MMT purchase is for stable fund management and profitability enhancement.
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