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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)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)