Decision to Guarantee Debt of 166.6 Billion Won for PT. Green Global Utama
LX International decided to guarantee debt of its affiliate PT. Green Global Utama worth 166.6 billion won (based on exchange rate 1 USD = 1,473.10 won). Guarantee period: 2026.05.12~2028.04.12.
Including this guarantee, total guarantee balance amounts to 2.0646 trillion won, equivalent to 58.4% of equity (3.54 trillion won).
Recent financials of PT. Green Global Utama: assets 187.4 billion, liabilities 164.1 billion, equity 23.3 billion, net income 4.2 billion. Debt ratio of approximately 704% indicates high financial risk.
The guarantee covers a total of 13 facilities (USD 113 million), and includes details of guarantees for 22 other affiliates (LX International America, Japan, HK, Singapore, etc.).
KOSPI Filing Information
Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)