[Asia Economy Reporter Kwon Jaehee]
▲ DL E&C = Decided to repurchase treasury shares worth 29 billion KRW... "Commitment to shareholder returns"
▲ DB HiTek = DB Kim Joon-ki Cultural Foundation purchased 205,000 treasury shares on the market. As a result, the foundation's stake in DB HiTek increased to 0.62%.
▲ Chong Kun Dang Holdings = Major shareholder's relatives Lee Joo-won, Lee Joo-kyung, and Lee Joo-ah purchased 1,500 treasury shares on the market. Their shareholdings are Lee Joo-won 2.53%, Lee Joo-kyung 2.30%, and Lee Joo-ah 2.30%.
▲ SL = Decided to provide a debt guarantee worth 63.1 billion KRW to its subsidiary SL Tennessee, LLC.
▲ Shinsegae International = Newly appointed outside director Park Min-sung.
▲ SKC = Due to the termination of the joint venture between controlling shareholder SKC and Mitsui Chemicals, the subsidiary Mitsui Chemicals and SKC Polyurethane decided to reduce capital by canceling 7 million common shares (50%) through voluntary paid-in capital reduction. After the reduction, the capital stock will be 35 billion KRW.
▲ NH Investment & Securities = Approved a credit line of 200 million USD to its Hong Kong subsidiary... "To improve capital efficiency and diversify funding sources of the Hong Kong subsidiary."
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▲ GS = Subsidiary GS Energy provided a payment guarantee to overseas affiliate Korea GS E&P Pte. Ltd. The guarantee amount is 378.9 billion KRW, and the guarantee period is until June 30, 2023.
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