Hyundai Motor heir apparent buys US$15 million shares in automaker, parts affiliate

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Hyundai Motor Group's heir apparent Euisun Chung bought shares in automaker Hyundai Motor and parts affiliate Hyundai Mobis for a combined 19 ...

Hyundai Motor Group's heir apparent Euisun Chung bought shares in automaker Hyundai Motor and parts affiliate Hyundai Mobis for a combined 19 billion won , according to stock exchange filings.

FILE PHOTO - Euisun Chung, Vice Chairman of Hyundai, speaks at the introduction of the 2017 Hyundai Genesis G90 at the North American International Auto Show in Detroit, Michigan January 11, 2016. REUTERS/Rebecca CookSEOUL: Hyundai Motor Group's heir apparent Euisun Chung bought shares in automaker Hyundai Motor and parts affiliate Hyundai Mobis for a combined 19 billion won , according to stock exchange filings.

Chung bought 139,000 shares in Hyundai Motor for 68,435 won each, raising his stake to 1.86per cent from 1.81per cent.He acquired 72,552 Hyundai Mobis shares for 130,789 won each, picking up a 0.08per cent stake.

 

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