Korean Air Sells Songhyeon-dong Site for 557.9 Billion KRW
[Asia Economy Reporter Kim Heung-soon] Korean Air held a board meeting on the 23rd and resolved to sell the site in Songhyeon-dong, Jongno-gu, Seoul, according to a public announcement. The disposal amount is 557.9 billion KRW, and it is scheduled to be disposed of to the Korea Land and Housing Corporation by June 30 next year. The company stated that the purpose of the disposal is "to improve financial structure."
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