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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

Spigen Korea purchases W47.5b real estate

  • PUBLISHED :March 30, 2017 - 17:55
  • UPDATED :March 30, 2017 - 17:55
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[DISCLOSURE] Spigen Korea (192440) announced on March 30 that it has decided to acquire land and a building in Gangnam-gu, Seoul from Olympus Korea at 47.5 billion won (US$42.51 million) “to stabilize mid- to long-term business and promote efficiency of asset management.”

This amounts to 22.06 percent of its equity capital. 

By Hwang You-mee (theinvestor@heraldcorp.com)

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