Hyundai Motor Group chairman, his son resume move to sell stakes in logistics unit
Feb 5, 2015
Hyundai Motor Group Chairman Chung Mong-koo and his son will seek to sell a part of their stakes in a logistics unit following a failed attempt last month, the automotive group said Thursday. In January, Chung and his only son, Eui-sun, vice chairman of Hyundai Motor Co., sought to sell a 13.4 percent stake in Hyundai Glovis Co., but the attempt fell apart due to unspecified reasons. Hyundai Motor Group, the country's second-largest conglomerate, said in a press release that it has started to