[DISCLOSURE]
Hyundai IBT (048410) announced on June 21 that it has decided to establish Vitabrid MENA, a joint venture in United Arab Emirates, to enter Middle Eastern and North African market.
The company will invest 138.60 million won (US$121,260) and own 24.5 percent stake.
By Hwang You-mee (
theinvestor@heraldcorp.com)