April 27, 2024
Market Now
Daesang Holdings to guarantee W53.6b debt for subsidiary
[DISCLOSURE] Daesang Holdings (084690) announced on March 29 that it has decided to guarantee 53.6 billion won (US$48.11 million) loan of its subsidiary Hi Best The First Limited.
This amounts to 5.1 percent of its equity capital and the guarantee period is until March 30, 2019.
The subsidiary is a special purpose corporation for refinancing M Plus Private Real Estate Investment Trust, another subsidiary of Daesang Holdings.
By Hwang You-mee (theinvestor@heraldcorp.com)
This amounts to 5.1 percent of its equity capital and the guarantee period is until March 30, 2019.
The subsidiary is a special purpose corporation for refinancing M Plus Private Real Estate Investment Trust, another subsidiary of Daesang Holdings.
By Hwang You-mee (theinvestor@heraldcorp.com)
