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April 18, 2024

Hancom to guarantee W10.9b debt of Vietnamese subsidiary

PUBLISHED : July 21, 2017 - 17:30

UPDATED : July 21, 2017 - 17:30

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[DISCLOSURE] Hancom (030520) announced on July 21 that it has decided to guarantee 10.91 billion won (US$9.75 million) debt of its Vietnamese subsidiary KCI Vina. 

This amounts to 13.48 percent of its equity capital and the guarantee period is until July 27, 2020.

By Hwang You-mee (theinvestor@heraldcorp.com)

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