Hyundai Motor Co chairman lifts stake to 4 pct


SEOUL, Oct 31 (Reuters) - The chairman of Hyundai Motor Co has recently boosted his stake in the South Korean carmaker to strengthen management control over the company, and plans to buy more shares, Hyundai said on Friday. Chung Mong-koo, a son of the automaker's founder, bought 1.75 million shares in Hyundai Motor over the past three days on the market, the company said in a filing with the Korea Stock Exchange. As a result, Chung's stake in the country's biggest car maker has risen to ...

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