팜스코, 계열사에 채무보증 490억 결정

FarmsCo's 49 billion won debt guarantee for its Indonesian subsidiary signals aggressive international expansion in the livestock feed sector. With the guarantee representing 21.9% of equity capital, the move raises concerns about financial sustainability and risk concentration as total debt guarantees exceed 253 billion won. This reflects the tension between growth ambitions and financial stability for Korean manufacturers expanding into emerging markets.