Philoptics Decides to Transfer Land and Buildings Worth 21 Billion KRW
[Asia Economy Reporter Minji Lee] Philoptics announced on the 7th that it will transfer land and buildings in the Gwonseon-gu area of Suwon-si, Gyeonggi-do, to Rapigen Co., Ltd. The transfer amount is 21 billion KRW, accounting for 10.99% of the total assets. The company stated, "This will lead to an improvement in the financial structure through repayment of borrowings and securing cash liquidity."
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