JMI Decides on 11.6 Billion KRW Third-Party Debt Guarantee
[Asia Economy Reporter Park Jihwan] JMI announced on the 22nd that it has decided to provide collateral for its local Chinese subsidiary, Zhengmen Electronics Co., Ltd.
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The creditor is Shinhan Bank Shanghai Branch. The amount of collateral provided is 11.647 billion KRW, which corresponds to 32.77% of the company's equity capital.
This content was produced with the assistance of AI translation services.
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