[DISCLOSURE]
Namhae Chemistry (025860) said on Aug. 17 that it has acquired a money market trust worth 18 billion won (US$16.4 million) from its affiliate NH Investment & Securities (005940) to better manage operations and enhance profitability.
The firm put 10 billion won in a fixed deposit account and 8 billion won in a money market deposit account. The maturity dates are Nov. 16 and Aug. 23, respectively.
