Ilancis Decides to Guarantee Debt of 3.5 Billion KRW for Subsidiary Loans

[Asia Economy Reporter Minji Lee] ELENSYS announced on the 21st that its overseas subsidiary in Vietnam, ELENSYS TP HCM CO., LTD., has decided to provide a debt guarantee amounting to 3,571.2 million KRW for the loan borrowed from Shinhan Bank.

The company stated, "This pertains to the loan agreement for the factory purchase of the overseas subsidiary."

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