Shinsegae Decides to Invest 20 Billion KRW in Affiliate Shinsegae Casa

[Asia Economy Reporter Lee Jung-yoon] Shinsegae announced on the 12th that it decided to invest approximately 20 billion KRW by participating in a capital increase of its affiliate Shinsegae Casa for 2,256,573 common shares. The purpose of the investment is to strengthen new store openings and online business.

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