Korea Flange to guarantee US$20m debt for US affiliate

Published : Jul 8, 2016 - 16:32 Updated : Jul 8, 2016 - 16:32

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[DISCLOSURE] Korea Flange (010100) will guarantee a US$20 million debt of its affiliate Seouhan Auto USA, it announced on July 8. This amounts to 8.4 percent of its equity capital.

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