NK decides to transfer Pohang land and buildings for 17.9 billion KRW
[Asia Economy Reporter Minwoo Lee] NK announced on the 26th that it has decided to transfer land, buildings, and machinery located at 1641 Gokgang-ri, Heunghae-eup, Buk-gu, Pohang-si, Gyeongsangbuk-do to Hyundai Hims Co., Ltd. for 17.9 billion KRW. This amount corresponds to 12.77% of the total assets based on last year's consolidated financial statements.
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The company explained, "The transfer decision was made to improve management efficiency and profitability through asset sales."
This content was produced with the assistance of AI translation services.
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