Heunggu Oil Sells Land and Buildings for 9 Billion Won to Secure Liquidity
[Asia Economy Reporter Lim On-yu] Heungguseokyu announced on the 13th that it has decided to sell land and buildings in Daedodong, Nam-gu, Pohang City, worth 9 billion KRW, to Pohang Convention Co., Ltd. This accounts for 11.97% of the total assets. The company stated that the purpose is "to secure liquidity for business diversification."
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