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home / articles / HYMTF - Hyundai Motor Plans To Cut China's JV Plant Selling Cost By 30%: Report | Benzinga


HYMTF - Hyundai Motor Plans To Cut China's JV Plant Selling Cost By 30%: Report | Benzinga

Hyundai Motor Co (OTCPK: HYMTF) cut the minimum asking price for its to-be-divested auto plant in China.  

The South Korean automaker has curtailed the price of the plant, located in the southwestern city of Chongqing, by around 30% to 2.58 billion yuan ($353.38 million), as per Reuters

Hyundai has not given any timeline or buyer details related to the divestiture of the asset, which is ...

Full story available on Benzinga.com

Stock Information

Company Name: Hyundai Motor Co. Ltd. Shs Global Deposit Receipts Repr 1/2 Non-Vtg Sh Reg -S
Stock Symbol: HYMTF
Market: OTC
Website: hyundai.com

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