Hyeongji Elite Submits Letter of Intent for Acquisition of 'Joheun Saramdeul'... Acquisition Status Unconfirmed
[Asia Economy Reporter Myunghwan Lee] Hyungji Elite clarified on the 27th regarding a media report that it participated in the acquisition bid for Joheun Saramdeul, stating, "We submitted a letter of intent for the acquisition of Joheun Saramdeul to expand existing and new businesses, but nothing has been finalized regarding the acquisition decision or the acquisition price."
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They added, "We will re-disclose when specific details are finalized or within one month."
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