Hanchang "Subsidiary The Century 21 Acquires 2.5 Billion KRW Worth of Shares... 100% Stake"
[Asia Economy Reporter Kwon Jaehee] Han Chang announced on the 30th that it will acquire 62,500 shares of its luxury distribution and platform business subsidiary The Century 21 for 2.5 billion KRW.
After acquiring the shares, Han Chang's stake in The Century 21 will be 100%. The scheduled date for the share acquisition is the 9th of next month.
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Han Chang stated that the purpose of this share acquisition is "business diversification through entry into new businesses."
This content was produced with the assistance of AI translation services.
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