Hansol Technics Provides Debt Guarantee Worth 27.7 Billion KRW to Vietnamese Subsidiary
[Asia Economy Reporter Minwoo Lee] Hansol Technics announced on the 18th that it has decided to provide a debt guarantee worth 27.7 billion KRW to its affiliate Hansol Electronics Vietnam Hochiminhcity Co., Ltd.
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Hansol Technics explained, "The debtor is currently expanding its second factory to respond to the rapid increase in the volume of liquid crystal display modules (LCM) and TV power boards. For this purpose, it has decided to borrow facility funds and for the headquarters to provide a debt guarantee for the corresponding loan."
This content was produced with the assistance of AI translation services.
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