Zinus Acquires Land and Buildings Worth 51 Billion KRW
[Asia Economy Reporter Eunmo Koo] Zinus announced on the 20th that its subsidiary, Zinus USA Inc, acquired land and buildings worth 51,047,770,000 KRW in Georgia, USA. The acquisition amount represents 6.8% of the total assets, and the scheduled acquisition date is the 31st of next month. The company stated that the purpose of the acquisition is "to secure business competitiveness through the establishment of a production and logistics complex center in the United States."
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