SY Panel puts up collateral for affiliate's US$14.4m debt

Published : Jun 28, 2016 - 16:14 Updated : Jun 28, 2016 - 16:14

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[DISCLOSURE] SY Panel (109610) announced on June 28 that it will offer its land worth 20.4 billion won (US$17.3 million) as collateral for its affiliate SY Tech’s 17 billion won debt. This amounts to 40.29 percent of its equity capital.

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