Hyundai Motor and Hyundai Motor Securities Purchase MMT Worth 50 Billion KRW

[Asia Economy Reporter Ryu Taemin] Hyundai Motor Company announced on the 5th that it purchased 50 billion KRW worth of MMT (Money Market Trust) from its affiliate Hyundai Motor Securities. The purpose of the transaction is for stable fund management and profitability enhancement. The maturity date is March 2 of this year.