Zenax, 4 Billion KRW Loan Principal and Interest Default Occurs
[Asia Economy Reporter Minji Lee] Jenax announced on the 7th that loan principal and interest amounting to 4 billion KRW are overdue. This corresponds to 18% of its equity capital.
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The company stated, "We plan to recover the loan by collecting proceeds from the sale of our overseas subsidiary."
This content was produced with the assistance of AI translation services.
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