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The Korea Herald
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THE INVESTOR
April 25, 2024

Market Now

AK Petrochem to sell real estate worth W19.7b

  • PUBLISHED :April 20, 2017 - 15:36
  • UPDATED :April 20, 2017 - 15:36
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[DISCLOSURE] AK Petrochemical (161000) announced on April 20 that it has decided to sell its land and a building in Ulsan worth 19.7 billion won (US$17.28 million) to Woonam Industrial and Dongcheon Development to promote asset management efficiency. 

This amounts to 4.82 percent of its equity capital and the due date for the sales is Oct. 30.

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

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