Asia
Sanyang Motor Denies Hyundai Motor Deal Termination Report
Sanyang Motor (TPE:2206) rejected social media chatter that Hyundai Motor (KRX:005380) is planning to terminate its cooperation agreement in Taiwan.Taiwanese motorcycle manufacturer said Wednesday in a bourse filing that it reserves the right to take legal action against the parties disseminating the false information.The social media post alleged that the Korean automotive company was planning to establish a unit on the island.
KRX:005380TPE:2206