Luxel, 13.6 Billion KRW Loan Principal and Interest Overdue
Luxel disclosed on the 15th that there has been a principal and interest overdue on a loan amounting to 13.6 billion KRW.
The overdue amount corresponds to 36.3% of the company's equity capital.
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The company stated, "The overdue occurred due to a shortage of operating funds," and added, "We plan to negotiate with the lending institution regarding the extension of the maturity and the repayment schedule."
This content was produced with the assistance of AI translation services.
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