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  • Namhae Chem acquires MMT worth W18b from NH I&S
    Namhae Chem acquires MMT worth W18b from NH I&S
    Namhae Chemistry (025860) said on Aug. 17 that it has acquired a money market trust worth 18 billion won (US$16.4 million) from its affiliate NH Investment & Securities (005940) to better manage operations and enhance profitability. The firm put 10 billion won in a fixed deposit account and 8 billion won in a money market deposit account. The maturity dates are Nov. 16 and Aug. 23, respectively.
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Namhae Chem acquires MMT worth W18b from NH I&S

Aug. 17, 2016 - 11:31 By 정민경
[DISCLOSURE] Namhae Chemistry (025860) said on Aug. 17 that it has acquired a money market trust worth 18 billion won (US$16.4 million) from its affiliate NH Investment & Securities (005940) to better manage operations and enhance profitability. 

The firm put 10 billion won in a fixed deposit account and 8 billion won in a money market deposit account. The maturity dates are Nov. 16 and Aug. 23, respectively.
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