The Hyundai Motors sector of the group will be spun off under Chung Mong-koo s management.
Speculation now centers on the new nucleic trio of assistants to the new chairman.
The third-generation trio had worked at Hyundai Engineering and Construction and developed the characteristics of patience and endurance. Kim Jae-soo, the head of the group s restructuring committee, played the most important role. Kim was called out by Chung Mong-koo at 5pm on March 14. He was ordered to announce the replacement of Lee Ik-chi of Hyundai Securities. He protested against the decision by insisting that Mong-hun was on a business trip, and replacements could not be made in his absence.