CJ CGV Provides Debt Guarantee Worth 12.2 Billion KRW to Affiliates
[Asia Economy Reporter Park Jihwan] CJ CGV announced on the 3rd that it has decided to provide debt collateral worth 12.2 billion KRW to its affiliate CGI Holdings Limited. This corresponds to 4.76% of its equity capital.
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The asset provided as collateral for this debt is Korean won deposits.
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