MS Autotech to guarantee W17b debt of subsidiaries

Published : Aug 24, 2016 - 17:09 Updated : Aug 26, 2016 - 10:59

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[DISCLOSURE] MS Autotech (123040) announced on Aug. 24 that it will guarantee a 12 billion won (US$10.69 million) debt of its subsidiary MyungShin Industry and 4.8 billion debt of another subsidiary MyungShin. The total amounts to 18.03 percent of its equity capital.
(theinvestor@heraldcorp.com)

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