Kia Purchases 30bn Won MMT from Related Party Hyundai Motor Securities
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Kia Corp. purchased 30 billion won of MMT (Money Market Trust) from Hyundai Motor Securities, a related party, on May 12, 2026.
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Cumulative securities transaction amount with related parties for the fiscal year stands at 180 billion won.
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Purpose: stable fund management and profitability enhancement; maturity: August 12, 2026; interest rate: market rate.
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Approved by the Sustainable Management Committee (all 5 outside directors present, auditor present) on January 28, 2026.
KOSPI Filing Information
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Filing: Purchase of Other Securities from a Related Party
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Company: KIA (000270)
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Submission: KIA CORPORATION
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Receipt: 05-12-2026
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Under Fair Trade Commission (KFTC)