Subsidiary LX International decided to provide debt guarantee of approximately 274.3 billion won for its Hong Kong subsidiary LX International (HK) Ltd.
Guarantee amount: 274,278,540,000 won (7.8% of equity capital of 3.5 trillion won)
Total guarantee balance: 2,064,627,001,893 won (covering 23 affiliates)
Financial status of LX International (HK): assets 91.8 billion won, liabilities 68.3 billion won, equity 23.4 billion won, sales 269.3 billion won, net income 2.7 billion won
KOSPI Filing Information
Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)