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Tongyang Cement & Energy to guarantee US$36m for subsidiary

July 13, 2016 - 16:02 By 황유미
[DISCLOSURE] Tongyang Cement & Energy (038500) announced on July 13 that it will guarantee a 40.7 billion won (US$35.58 million) loan of its subsidiary Sampyo Resources Development. This amounts to 7.42 percent of its equity capital.