GS Global to guarantee W22b debt of subsidiary

Published : Aug 1, 2016 - 17:40 Updated : Aug 2, 2016 - 10:41

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[DISCLOSURE] GS Global (001250) announced on Aug. 1 that it will guarantee 22.45 billion won (US$20.14 million) debt of its subsidiary GS Entec. This amounts to 11.1 percent of its equity capital.

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