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Kumho Electric, Decision to Guarantee Debt of 7.2 Billion KRW

[Asia Economy Reporter Ryu Taemin] Kumho Electric announced on the 15th that it has decided to provide a debt guarantee amounting to 799.26 million KRW for its affiliate, Shinhan Vietnam Bank.


This amount corresponds to 18.82% of its equity capital, and the debt guarantee period is until April 18 of next year.


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