H&B Design Terminates 35.3 Billion KRW Sales Agency Service Contract
H&B Design announced on the 2nd that it has terminated the sales agency service contract with Jenis Holdings. The termination amount is 35,286,974,000 KRW.
On the same day, H&B Design also announced the termination of the advertising agency contract with Jenis Holdings. The termination amount is 4.8 billion KRW.
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The main reason for the termination is the contract termination notice from the contracting party. The company stated, "This contract was terminated following the notice of termination from the contracting party, Jenis Holdings, due to the downturn in the real estate sales market and delays in PF loan approvals from financial institutions."
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