[DISCLOSURE] JC Chemical
(137950) announced on July 17 that it has decided to guarantee US$10 million debt of its Singapore-based subsidiary Linked Holdings.
This amounts to 16.73 percent of its equity capital and the guarantee period is until July 19, 2018.
It will offer a collateral worth 8.97 billion won as well, it said in a separate statement.
By Hwang You-mee (firstname.lastname@example.org