Lotte Tour Development Decides to Increase Short-Term Borrowings by 100 Billion Won

by Oh Hyungil

Published 09 Jan.2020 16:47(KST)

[Asia Economy Reporter Oh Hyung-gil] Lotte Tour Development announced on the 9th that it has decided to increase short-term borrowings by 100 billion KRW to finance the interior construction costs of the Jeju Dream Tower Complex Resort.

Hot Picks Today

"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①

"Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
"I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
"I Will Give Them a Chance for Self-Examination": Chinese Scientific Community Shaken by Influencer's Preemptive Whistleblowing
"How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces

The company explained, "The short-term borrowings are expected to be repaid in a lump sum upon execution of a secured loan using the land and buildings of the Jeju Dream Tower Complex Resort owned by the company after completion."

한글 기사 보기

This content was produced with the assistance of AI translation services.