Kukdong Decides to Lend 6.7 Billion KRW to Subsidiary
[Asia Economy Reporter Gong Byung-sun] KUKDONG announced on the 12th that it has decided to lend 6.7 billion KRW to its subsidiary KUKDONG APPAREL (America), INC. for the purpose of expanding production facilities due to increased exports.
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This amounts to approximately 7.48% of its equity capital.
This content was produced with the assistance of AI translation services.
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