[Asia Economy Reporter Myung-Hwan Lee]
▲CosmaxNBT=Decided to provide a debt guarantee worth KRW 12.929 billion to its overseas affiliate CosmaxNBT USA.
▲Daelim Paper=Decided to acquire treasury shares worth KRW 504 million to stabilize stock price and enhance shareholder value.
▲Aseatech=Decided to reduce short-term borrowings by KRW 30 billion.
▲CBI=Decided to transfer all 227,272 shares of Daehan Textile to improve financial structure, secure liquidity, and strengthen capabilities in existing and new businesses.
▲SamCNS=Decided to dispose of 31,000 treasury shares for KRW 157.48 million for the purpose of free contribution to the employee stock ownership association.
▲Zero to Seven=CEO Lee Chung-ha resigned due to personal reasons, changing to a sole CEO system under Kim Jung-min.
▲J.ESTINA=All three current and former executives were acquitted in the final trial regarding charges of violating the Capital Markets and Financial Investment Services Act.
▲Seohan=Decided to lend KRW 27 billion to Yangwon Enterprise for operating funds, land purchase, and land compensation for the Donggoryeong General Industrial Complex development project.
▲Easy Holdings=Decided to provide debt guarantees worth KRW 65 billion to affiliates including Farm Story and two other corporations.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
