Sangji Kyleum Provides 9 Billion KRW Short-Term Loan to Subsidiary Ace Biomed
[Asia Economy Reporter Lee Gwan-ju] Sangji Kyleum announced on the 22nd that it has decided to provide a short-term loan of 9 billion KRW to its subsidiary Ace Biomed. This corresponds to 15.05% of its equity capital.
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The company explained, "This is a short-term loan as part of the acquisition funds for another corporation (HD Medis Co., Ltd.) by our subsidiary Ace Biomed."
This content was produced with the assistance of AI translation services.
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