Hyundai Rotem Decides to Acquire Subsidiary Shares Worth 95.1 Billion KRW

[Asia Economy Reporter Gong Byung-sun] Hyundai Rotem announced on the 12th that it has decided to acquire shares of its subsidiary Hyundai Rotem Brasil Industria E Comercio De Trens Ltda. worth 95.1 billion KRW for the purpose of improving its financial structure.

This amounts to approximately 7.1% of its equity capital.