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The Korea Herald
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THE INVESTOR
April 26, 2024

Market Now

Shinsegae I&C to invest W55.2b in data center

  • PUBLISHED :May 29, 2017 - 17:21
  • UPDATED :June 13, 2017 - 15:40
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[DISCLOSURE] Shinsegae I&C (035510) announced on May 29 that it has decided to invest 55.2 billion won (US$48.91 million) in building a new data center.

This amounts to 33.34 percent of its equity capital and the investment period is until June 30, 2019.

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

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