Asia
DapuStor to Provide Guarantee to Subsidiary's 280 Million Yuan Debt
DapuStor (SHE:301666) agreed to provide a joint and several liability guarantee to its subsidiary, DapuStor (Hong Kong) Technology Holding, for debts amounting to 280 million yuan, according to a Shenzhen bourse filing on Wednesday.The Chinese solid-state drive chipmaker's shares slipped 1% during Thursday morning trade.The debts were incurred from DapuStor Hong Kong's commercial transactions with WPG International (Hong Kong) and affiliated enterprises under WPG International (TPE:3702).The guarantee is valid within three years.
SHE:301666TPE:3702
