Hyundai Mobis says to invest $427 mln in 2005

Newswire

SEOUL, Jan 28 (Reuters) - Hyundai Mobis Co. , an auto parts making unit of South Korea's Hyundai Motor Group, said on Friday it would invest 438.5 billion won ($426.5 million) in 2005. The plan includes $250 million to be invested overseas, Hyundai Mobis said in a filing to the local stock exchange.

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