MiraeSCI, 13 Billion KRW Loan Principal and Interest Overdue
Mirae SCI announced on the 15th that it has incurred a loan principal and interest delinquency amounting to 13 billion KRW.
The delinquent amount corresponds to 45.47% of the company's equity capital.
The company stated, "We are currently in the process of selling the Ochang Plant, which is the location of our headquarters, and due to a delay in the sale schedule, the principal on the industrial operating funds loan secured by the Ochang Plant has become delinquent."
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
The company added, "We plan to complete the sale of the Ochang Plant within the first quarter of 2020," and "Upon completion of the sale, the loan principal delinquency will be resolved."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
