On June 27, 2023, Hyundai Motor Singapore PTE. LTD. closed the transaction. The company issued 380,235 common shares at an issue price of KRW 96,332.5311970 for gross proceeds of KRW 36,629,000,000 in the transaction.

On the same date, the company issued 76,032 common shares at an issue price of KRW 96,332,5311970 for gross proceeds of KRW 7,324,355,012 in its fourth and final tranche closing.