Hyundai Motors receives 415 bln won dividend from Chinese venture
Seoul - Yonhap
South Korea's top automaker Hyundai Motor Co. said Monday that it has received 415 billion won (US$385 million) in cash dividends from its Chinese venture company. Hyundai Motors said Beijing Hyundai Motor Company, a 50-50 venture with Beijing Automotive Industry Holding Co., recently decided to pay out a total of 5 billion yuan in dividends, or 2.5 billion yuan each to its two investors.
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