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Namhae Chem signs trust contract worth W19b with NH Investment

By 정민경

Published : Oct. 6, 2016 - 10:16

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[DISCLOSURE] Namhae Chemistry (025860) said on Oct. 6 that it has decided to sign a trust contract with NH Investment & Securities to purchase valuable securities worth 19 billion won (US$17.10 million) to manage assets and improve profitability. 

The interest rate will follow the open market rate and the maturity date is Oct. 12.

By Jung Min-kyung (mkj1105@heraldcorp.com)

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