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Changhae Ethanol to increase short-term borrowings for Hitejinro Ethanol stocks

June 16, 2016 - 09:34 By 황유미
[DISCLOSURE] Changhae Ethanol (004650) will increase its short-term borrowings by 34.7 billion won ($29.6 million) to take over stocks of Hitejinro Ethanol, it announced on June 15. Its total short-term borrowings amount to 80.4 billion won.