Seoul=Yonhap News Agency) Reporter Minseo Kwak = KOSDAQ-listed company Neo Cremar [311390] announced on the 3rd that it has decided to reduce short-term borrowing by 4 billion won to improve its financial structure, including debt repayment.

The reduction accounts for 10.8% of the company's equity capital.

September 3, 2019 Copyright (c) Yonhap News, unauthorized reproduction and redistribution prohibited

mskwak@yna.co.kr+B12