Tongyang Cement & Energy to guarantee US$36m for subsidiary
By 황유미Published : July 13, 2016 - 16:02
[DISCLOSURE] Tongyang Cement & Energy (038500) announced on July 13 that it will guarantee a 40.7 billion won (US$35.58 million) loan of its subsidiary Sampyo Resources Development. This amounts to 7.42 percent of its equity capital.