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Woongjin Energy guarantees US$4.9m for its stock-owning employees

June 20, 2016 - 08:21 By 황유미

[DISCLOSURE] Woongjin Energy (103130) will guarantee a loan of 5.7 billion won (US$4.9 million) for its employee’s stock ownership association, it announced on June 17. This amounts to 11.51 percent of its equity capital.