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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

Kumho Electric sells W23.5b real estate

  • PUBLISHED :August 22, 2018 - 11:32
  • UPDATED :August 22, 2018 - 11:32
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[DISCLOSURE] Kumho Electric (001210) announced on Aug. 21 that it has decided to sell its land and a building in Yongin, Gyeonggi Province to Kumho HT (214330) at 23.5 billion won (US$21 million) to improve financial structure. 

This amounts to 5.73 percent of its equity capital and the due date for transaction is Aug. 30.

By Hwang You-mee (glamazon@heraldcorp.com

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