Hyundai Genuine Co., Ltd. announced that it has issued 255,000 shares at a price of KRW 500,000 per share for gross proceeds of KRW 127,500,000,000 on April 9, 2021. The transaction included participation from returning investor, Hyundai Heavy Industries Holdings Co., Ltd. (KOSE:A267250) to retain its stake of 100%. The company has issued shares through shareholder allocation method. The transaction has been approved by board of directors of the investor.