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Shinsung ENG to guarantee W3.5b debt of affiliate Shinsung FA

Aug. 25, 2016 - 16:45 By KH디지털2
[DISCLOSURE] Shinsung ENG (104110) said on Aug. 25 that it has decided to guarantee a 3.6 billion won (US$3.21 million) debt of its affiliate Singsung FA (104120). The amount is equivalent to 6.1 percent of Shinsung ENG’s equity capital. The guarantee period is until Feb. 25, 2017. 

By Park Yuna (yunapark@heraldcorp.com)