AK Petrochemical to guarantee W14b loan of subsidiary in China
By 윤정현Published : Sept. 13, 2016 - 09:47
[DISCLOSURE] Aekyung Petrochemical (161000) said on Sept. 12 that it has decided to guarantee 14.29 billion won (US$12.84 million) loan of its subsidiary Aekyung Chemical that it borrowed from Citi Bank Shanghai.
This amounts to 6.95 percent of its equity capital.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
This amounts to 6.95 percent of its equity capital.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)