CNPlus Decides to Convert Investment to 6.5 Billion KRW in Vietnamese Subsidiary
[Asia Economy Reporter Kang Nahum] CNPLUS announced on the 6th that it has decided to convert approximately 6.5 billion KRW of debt into equity with its Vietnamese subsidiary (CNPLUS VINA CO, LTD) to offset bonds and debts.
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This corresponds to 48.70% of its equity capital. After the conversion, the equity ratio will be 100%.
This content was produced with the assistance of AI translation services.
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