Changhae Ethanol to increase short-term borrowings for Hitejinro Ethanol stocks

Published : Jun 16, 2016 - 09:34 Updated : Jun 16, 2016 - 15:03

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[DISCLOSURE] Changhae Ethanol (004650) will increase its short-term borrowings by 34.7 billion won ($29.6 million) to take over stocks of Hitejinro Ethanol, it announced on June 15. Its total short-term borrowings amount to 80.4 billion won.

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