[DISCLOSURE]
Namhae Chemistry (025860) said on Oct. 6 that it has decided to sign a trust contract with NH Investment & Securities to purchase valuable securities worth 19 billion won (US$17.10 million) to manage assets and improve profitability.
The interest rate will follow the open market rate and the maturity date is Oct. 12.
By Jung Min-kyung (
mkj1105@heraldcorp.com)