Gaon Media Decides on 12.4 Billion KRW Subsidiary Debt Guarantee
[Asia Economy Reporter Kang Nahum] Gaon Media announced on the 24th that it has decided to provide a debt guarantee worth 12.4 billion KRW for its network and communication equipment manufacturing subsidiary, Gaon Broadband.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
The guarantee amount corresponds to 7.73% of the company's equity capital. The debt guarantee period is from the 30th of this month to March 30, 2022. The total outstanding balance of the debt guarantee is 49.22197 billion KRW.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
