The Korea Herald

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JC Chemical to guarantee US$10m debt of Hong Kong subsidiary

By 황유미

Published : July 15, 2016 - 16:12

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 [DISCLOSURE] JC Chemical (137950) announced on July 15 that it will guarantee a 11.4 billion won (US$10.06 million) loan of its Hong Kong subsidiary. This amounts to 19.97 percent of its equity capital.