KAMCO Conducts Public Auction of 1,052 Items Worth Approximately 110 Billion KRW
[Asia Economy Reporter Song Seung-seop] Korea Asset Management Corporation (KAMCO) will auction 1,052 items worth approximately 110 billion KRW through Onbid over three days starting from the 12th.
The items are those entrusted to KAMCO by public institutions such as tax offices and local governments to collect overdue taxes. This auction includes 242 items priced at 70% or less of their appraised value.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
However, bidders should pay attention to the rights analysis when bidding, and the responsibility for eviction of tenants lies with the buyer. There is also a possibility that the auction may be canceled before bidding due to reasons such as tax payment or inability to deliver notices.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
