Winhightech Acquires 17% Stake in Eastbay to Participate in Resort Development Project
[Asia Economy Reporter Minji Lee] WinHytec announced on the 9th that it acquired 17% of East Bay Corporation's shares. The number of shares acquired is 320,800, and the acquisition amount is 8,197,820,000 KRW. This corresponds to 15% of the recent equity capital.
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The company stated, "We acquired the shares to participate in the construction of the Spa & Resort development project and to share the business profits."
This content was produced with the assistance of AI translation services.
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