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Hyundai Motor Group

March 26, 2012

Investors in two of South Korea’s largest family-owned conglomerates are likely reaping big rewards, thanks to shares in Samsung and Hyundai reaching record values this weekend.

Investors in two of South Korea’s largest family-owned conglomerates are likely reaping big rewards, thanks to shares in Samsung and Hyundai reaching record values this weekend.

According to Yonhap News Agency, stock held by Lee Kun-hee and his family in Samsung Group rose to around 13 trillion won (€8.61 billion) on Sunday (25 March).

Citing data by Cheabol.com, the report said share value was up by 25.4% compared to last year, largely due to a “bullish stock market”.

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