[Asia Economy Reporter Park Jihwan] Sambutogeon announced on the 23rd that it will lend 16.5 billion KRW to its subsidiary Samburenaissance.


This corresponds to 8.22% of its equity capital.



The company stated, "The funds are planned to be used for land acquisition costs and developer operations related to the construction of the Samburenaissance apartment complex in the Cheonan Guryong district."


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