April 26, 2024
Market Now
Dongbu Steel to take over subsidiary’s US$20m debt
[DISCLOSURE] Dongbu Steel (016380) announced on Sept. 13 that it has decided to take over US$20 million debt of Dongbu Vietnam Steel, a wholly-owned subsidiary of its subsidiary Dongbu Singapore. This amounts to 12.7 percent of its equity capital.
By Hwang You-mee (glamazon@heraldcorp.com)
By Hwang You-mee (glamazon@heraldcorp.com)
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