Hotel Lotte "Complete Sale of Lotte Chilsung Beverage Common Shares... For Liquidity Securing"
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2022111818571222409_1668765433.jpg)
[Asia Economy Reporter Seomideum] Hotel Lotte has sold all of its shares in Lotte Chilsung Beverage. Hotel Lotte stated that this was "to secure liquidity for cash flow improvement."
Hot Picks Today
!["It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]](https://cwcontent.asiae.co.kr/asiaresize/93/2026052019230771274_1779272587.jpg)
"It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
On the 18th, Lotte Chilsung Beverage announced through a public disclosure that Hotel Lotte sold all 273,450 common shares (2.72%) it held through off-hours trading. The sale amount was approximately 37.87 billion KRW based on the closing price of 138,500 KRW on that day.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
