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MS Autotech to increase short-term borrowings by US$17.3m

[DISCLOSURE] MS Autotech (123040) will increase its short-term borrowings by 20 billion won (US$17.3 million) to finance operations, it announced on June 30. This amounts to 21.47 percent of its equity capital and the total amount of its short-term borrowings is 46.9 billion won.
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