Controlling shareholders trim stake in Hyundai Wia

Hyundai Motors and Kia Motors raise $300 million by reducing their combined ownership of the autoparts maker to 41%.
<div style="text-align: left;">
Hyundai Motors trims its stake in autoparts maker Hyundai Wia (AFP)</div>
<div style="text-align: left;"> Hyundai Motors trims its stake in autoparts maker Hyundai Wia (AFP)</div>

A 10% block of Hyundai Wia Corp shares changed hands last night as two of the company’s shareholders took advantage of improving sentiment in the equity capital markets to reduce their controlling stake.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media