[Asia Economy Reporter Hwang Yoon-joo]
▲ CJ CGV = Decided a 15% free reduction of common stock for the purpose of improving the financial structure by transferring capital to capital surplus for its subsidiary CGI HOLDINGS LIMITED.
▲ Taeyoung Construction = Signed a contract to win the Medical County regional housing association and the Busan Buam-dong Seomyeon Medical regional housing association project. The contract amount is 255.2931 billion KRW, which is 9.28% of recent sales.
▲ SeAH Steel Holdings = Its subsidiary SeAH Wind Ltd. decided to provide debt guarantees to Landlord (Teesworks), STDC, and STDL.
▲ JS Corporation = Decided to guarantee 30.0657 billion KRW for debts of 25.05475 billion KRW owed by affiliate Yakjin Trading to Industrial Bank of Korea and Woori Bank. This is 14.87% of equity capital, and the debt guarantee period is until November 1, 2023.
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