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