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Hyundai Heavy Industries Co Ltd to Jointly Establish New Company


Thursday, 6 Sep 2012 11:05pm EDT 

Hyundai Heavy Industries Co Ltd announced that it will jointly establish a new company on September 26, 2014, to foray into high-speed engine market. The new entity, to be capitalized at KRW 74,883,600,000, will be mainly engaged in the production of engine. The Company will invest KRW 37,441,800,000, holding a 50% stake in it. 

Company Quote

162500.0
-5000.0 -2.99%
11 Jul 2014