Hyundai Mobis Decides to Acquire Stake in Joint Venture Worth KRW 1.0988 Trillion for R&D Hub
- Hyundai Mobis, together with Hyundai Motor, Kia, Hyundai Glovis, Hyundai Steel, and Hyundai Rotem, decided to invest a total of KRW 1.0988 trillion in a new entity 'HMG Future Complex Co., Ltd.' (Hyundai Mobis acquires 13.7% stake for KRW 1.0988 trillion).
- The purpose is to establish a real estate leasing company to secure new research and business hubs, with payment scheduled in installments over 5 years from May 2026 to December 2030.
- Put option contract: If a party is excluded from Hyundai Motor Group, the remaining parties can demand the sale of all shares held; preemptive rights granted upon share sale.
- The acquisition amount is 2.2% of equity (based on 2025 year-end consolidated financials), limiting financial burden and expected to contribute to long-term R&D infrastructure.
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: [Correction of Description] Decision on Acquisition of Stocks and Investment Securities in Other Corporations (Voluntary Disclosure)
- Company: Hyundai Mobis (012330)
- Submission: Hyundai Mobis Co., Ltd.
- Receipt: 05-21-2026
- Under KRX KOSPI Market Division