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    A005380   KR7005380001

HYUNDAI MOTOR COMPANY

(A005380)
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End-of-day quote. End-of-day quote Korea Stock Exchange - 12/08
207500 KRW   0.00%
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Seoul files complaint against unionists who rallied in 'Squid Game' costume

10/21/2021 | 05:44am EST

SEOUL, Oct 21 (Reuters) - The Seoul city government said on Thursday it had filed a police complaint against members of South Korea's main labour group who, wearing outfits of megahit "Squid Game https://www.netflix.com/kr-en/title/81040344", defied COVID-19 curbs to protest for more jobs and better work conditions.

Thousands of members of the Korean Confederation of Trade Unions (KCTU) staged a nationwide demonstration on Wednesday, according to the group, including in downtown Seoul, where dozens of members dressed up in flamboyant jumpsuits and masks worn by actors in the Netflix show.

Made in South Korea, the nine-part thriller, in which cash-strapped contestants play deadly childhood games in a bid to win 45.6 billion won ($38 million), became a worldwide sensation for Netflix when it premiered in September.

Unionists dressed up in pink jumpsuits and masks with white circle, square or triangle symbols worn by guards in "Squid Game" were seen beating drums to loud music and dancing. Some held flags and signs reading “Inequality Out" and "Safe Youth Employment; Quality Youth Employment", footage from the group's YouTube https://www.youtube.com/watch?v=tVuVe-F8mE8 channel showed.

"About 80 youth union members dressed up in costumes that parody the Squid Game, which bitterly satirizes the bare face of our society," KCTU said in a statement.

Seoul city has filed a complaint against the group with the police for staging illegal protests violating the infectious disease prevention law https://elaw.klri.re.kr/kor_service/lawView.do?hseq=54658&lang=ENG, the local government told Reuters.

The restrictions violate the basic rights granted by the Constitution and it is unfair that outdoor rallies are seen as more dangerous than sporting events where more spectators are allowed, KCTU spokesman Han Sang-jin told Reuters, when asked about the police complaint.

With about 1.1 million members overall, the KCTU represents workers at some of the biggest chaebols in the country, including Hyundai Motor, LG Chem and government-owned Korail Railroad Corp. The union workers are quite powerful, amassing fairly strong benefits over the years.

South Korean trade unions have a long history of activism but their recent rallies https://www.reuters.com/world/asia-pacific/skorea-vows-shut-down-labour-rally-violation-covid-restrictions-2021-07-23 have led to confrontation with authorities trying to enforce curbs to stop the coronavirus as the rallies have been blamed for surge in COVID-19 cases.

Only one-person protests are allowed in the capital and surrounding areas under current social distancing rules.

South Korea reported 1,441 new COVID-19 cases on Wednesday, bringing the tally to 347,529 infections, with 2,709 deaths. (Reporting by Sangmi Cha; Editing by Muralikumar Anantharaman)


ę Reuters 2021
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HYUNDAI MOTOR COMPANY 0.00% 207500 End-of-day quote.8.07%
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Financials
Sales 2021 117 136 B 99,7 B 99,7 B
Net income 2021 5 970 B 5,08 B 5,08 B
Net Debt 2021 69 635 B 59,3 B 59,3 B
P/E ratio 2021 8,66x
Yield 2021 1,97%
Capitalization 43 759 B 37 307 M 37 239 M
EV / Sales 2021 0,97x
EV / Sales 2022 0,89x
Nbr of Employees 70 388
Free-Float 70,9%
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Number of Analysts 30
Last Close Price 207 500,00 KRW
Average target price 295 000,00 KRW
Spread / Average Target 42,2%
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Managers and Directors
Eui-Sun Chung Vice Chairman & Co-Chief Executive Officer
Chang Jae-hoon Co-President & Co-Chief Executive Officer
Albert Biermann Co-President & Director
Eon-Tae Ha Co-President & Director
Moon-Sik Kwon Vice Chairman-Executive Board, Head-R&D
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