Tag Archives: Boards of Hyundai Motor

Boards of Hyundai Motor, units OK signing of $10 billion land deal

Boards of Hyundai Motor, units OK signing of $10 billion land deal

by Hyunjoo Jin

The boards of Hyundai Motor Co and two affiliates on Friday approved a 10.55 trillion won ($10.12 billion) purchase of a plot of land in Seoul, the companies said, sealing a deal worth more than triple the property’s appraised amount.