Telefield Decides to Increase Short-Term Borrowings by 3 Billion Won
[Asia Economy Reporter Minji Lee] Telefield announced on the 6th that it has decided to increase short-term borrowings by 3 billion KRW. The purpose of the borrowing is to secure additional liquidity for stable operating fund procurement, which corresponds to 11% of equity capital. After the borrowing, the company's total borrowings from financial institutions will increase to 9.9 billion KRW.
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