Elliott Discloses Letter to Shareholders of Hyundai Mobis

Elliott Discloses Letter to Shareholders of Hyundai Mobis

Elliott Discloses Letter to Shareholders of Hyundai Mobis

Elliott Advisors (HK) Limited, which advises various Elliott-affiliated funds (together “Elliott”), today publicly issued a letter to all shareholders of Hyundai Mobis Co., Ltd. (“Mobis” or the “Company” 012330:KS). In the letter, Elliott detailed the case for the shareholder resolutions that it has put forward for consideration at the Company’s Annual General Meeting on March 22, 2019. These resolutions are designed to both transform governance and right-size the Company’s ov...