HD Hyundai Heavy Industries Discloses Change in Affiliate Transactions (Actual Down 20%+)
HD Hyundai Heavy Industries discloses that actual transactions with affiliates (HD Hyundai Marine Solution, HD Hyundai Oilbank) decreased by more than 20% from initial plan
HD Hyundai Marine Solution: sales KRW 6.1bn, purchases KRW 34.0bn, total KRW 40.2bn (0.23% of sales)
HD Hyundai Oilbank: sales KRW 0.1bn, purchases KRW 26.7bn, total KRW 26.8bn (0.15% of sales)
All contracts were privately negotiated; no board resolution was involved
Reason for amendment: actual transaction amounts decreased by more than 20% from initial disclosure
KOSPI Filing Information
Change in Goods and Services Transactions with the Same Person and Affiliated Companies