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The Korea Herald
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THE INVESTOR
May 09, 2024

Market Now

Hanjin Heavy to lend US$50m to Filipino affiliate

  • PUBLISHED :June 27, 2017 - 09:12
  • UPDATED :June 27, 2017 - 09:13
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[DISCLOSURE] Hanjin Heavy Industries & Construction (097230) announced on June 26 that it has decided to loan US$50 million to its Filipino affiliate HHIC-Phil to finance operations. 

This amounts to 6.37 percent of its equity capital and the loan period is until Dec. 27.

By Hwang You-mee (theinvestor@heraldcorp.com)

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