Aekyung Chemical Decides on Debt Guarantee of 45.2 Billion KRW for Subsidiary
[Asia Economy Reporter Lee Jung-yoon] Aekyung Chemical announced on the 10th that it has decided to provide a debt guarantee of 45,248.8 million KRW to a third party for its subsidiary, Aekyung Yeongpa Chemical Co., Ltd.
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This corresponds to 6.57% of its equity capital. The debt guarantee period is from the 22nd of this month until June 30, 2023.
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