DMC guarantees US$3.3m debt for its vessel parts manufacturing subsidiary
By 황유미Published : June 20, 2016 - 16:17
[DISCLOSURE] Dongnam Marine Crane (101000) will guarantee a 3.9 billion won (US$ 3.3 million) loan of its vessel parts manufacturing subsidiary Q Tech, it announced on June 20. This amounts to 10.9 percent of DMC’s equity capital.