Kespion Cuts Collateral for Vietnam Subsidiary to KRW 1.8 Billion From KRW 4.2 Billion
Bitget2026/11/02 08:18- Kespion's Nov. 2, 2026 correction reduced collateral for Kespion Vietnam to KRW 1.8 billion from KRW 4.2 billion following partial release.
- The revised collateral represents 6.95% of equity, down from 16.21%.
- Real estate secures the wholly owned subsidiary's USD 1 million working-capital borrowing from Shinhan Bank Vietnam.
- The collateral period runs from Oct. 31, 2026, to Nov. 2, 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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