Hwanin Pharmaceutical Co. unexpectedly sold 5.38% of its treasury shares, worth 12.2 billion won ($8.8 million), to third-party investors to boost liquidity and secure funds, reversing its earlier pledge not to dispose of such shares.
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No Plans to Sell, Then a Sudden Move—Hwanin Pharmaceutical Offloads 5.4% Treasury Shares to Third Party
Hwanin Pharmaceutical Co. unexpectedly sold 5.38% of its treasury shares, worth 12.2 billion won ($8.8 million), to third-party investors to boost liquidity and secure funds, reversing its earlier pledge not to dispose of such shares.
Dongkuk Steel Mill Co. has secured an additional KRW 100 billion ($72 million) in short-term bank loans for operating funds, raising its total bank borrowings to KRW 1.2238 trillion ($882 million), with the facility covering both working capital and trade finance.
#YonhapInfomax #DongkukSteel #ShortTermLoans #OperatingFunds #BankBorrowings #KRW100Billion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=68549
Dongkuk Steel Secures Additional KRW 100 Billion in Bank Loans for Operating Funds
Dongkuk Steel Mill Co. has secured an additional KRW 100 billion ($72 million) in short-term bank loans for operating funds, raising its total bank borrowings to KRW 1.2238 trillion ($882 million), with the facility covering both working capital and trade finance.
Asiana Airlines to Participate in Air Seoul's Capital Increase of 180 Billion Won
Asiana Airlines to inject 180 billion won into subsidiary Air Seoul through capital increase, aiming to improve financial structure and provide operating funds
Homeplus - 'CP Issuance for Regular Operating Funds - Unable to Anticipate Rehabilitation Proceedings in Advance'
Homeplus clarifies recent CP issuance was for routine operating funds, not anticipating rehabilitation proceedings triggered by credit rating downgrade
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