Sewon to guarantee US$22m debt of Sewon America

Published : Jun 28, 2016 - 16:11 Updated : Jun 28, 2016 - 16:11

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[DISCLOSURE] Sewon (024830) will guarantee a 26 billion won (US$22 million) debt of its affiliate Sewon America, the auto parts company announced on June 28. This amounts to 14.5 percent of its equity capital.

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