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Hyundai Motor Group denies report on holding company plan

Reuters  |  SINGAPORE 

(Reuters) - denied a media report that it plans to decide next week whether to introduce a holding company

Maeil Business Newspaper said on Thursday that and other affiliates will hold board meetings next week to discuss the plan, citing investment banking sources.

"The report is groundless," a spokesperson said.

(Reporting by Hyunjoo Jin and Joyce Lee; Editing by Christian Schmollinger)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Hyundai Motor Group denies report on holding company plan

SINGAPORE (Reuters) - Hyundai Motor denied a media report that it plans to decide next week whether to introduce a holding company structure.

(Reuters) - denied a media report that it plans to decide next week whether to introduce a holding company

Maeil Business Newspaper said on Thursday that and other affiliates will hold board meetings next week to discuss the plan, citing investment banking sources.

"The report is groundless," a spokesperson said.

(Reporting by Hyunjoo Jin and Joyce Lee; Editing by Christian Schmollinger)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Business Standard
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Hyundai Motor Group denies report on holding company plan

(Reuters) - denied a media report that it plans to decide next week whether to introduce a holding company

Maeil Business Newspaper said on Thursday that and other affiliates will hold board meetings next week to discuss the plan, citing investment banking sources.

"The report is groundless," a spokesperson said.

(Reporting by Hyunjoo Jin and Joyce Lee; Editing by Christian Schmollinger)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22