Yeson Tech Decides to Transfer Land and Buildings Worth 6.7 Billion KRW in Gunpo, Gyeonggi

[Asia Economy Reporter Lee Junhyung] Yesuntech announced on the 11th that it has decided to transfer land and buildings in Gunpo, Gyeonggi Province, worth 6.75 billion KRW to securitize assets and repay borrowings. The transfer amount is 13.90% of the total assets (48.5 billion KRW) based on last year's consolidated financial statements. Through this transfer, Yesuntech will acquire 4.85 billion KRW for land and 1.9 billion KRW for buildings. Industrial film tape manufacturer ICH will receive the tangible assets, with the transfer reference date set for January 29 of next year.

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