[DISCLOSURE] Kumho Tire (073240) announced on Aug. 11 that it will guarantee 47.79 billion (US$43.39 million) loan of its subsidiary Nanjing Kumho Tire from SPD Bank in China.
This amounts to 3.8 percent of its equity capital and will expire May 2017.
This amounts to 3.8 percent of its equity capital and will expire May 2017.