Hyundai Genuine Co., Ltd. announced a private placement of 435,800 shares at a price of KRW 500,000 per share for gross proceeds of KRW 217,900,000,000 on July 26, 2021. The transaction will include participation from returning investor, Hyundai Heavy Industries Holdings Co., Ltd. to retain its stake of 100%. The company will issue shares through shareholder allocation method. The transaction has been approved by board of directors. The payment date of the transaction is July 29, 2021.