AK Group Considering Sale of Hot Spring Theme Park 'Tereumeden'

AK Group is considering selling the hot spring water park 'Icheon Tereumeden'.

Panoramic view of the hot spring theme park Teremeden in Icheon, Gyeonggi Province. The Asia Business Daily database

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An AK Group official said on the 3rd, "We are reviewing the sale of non-core assets to fund investments in our key affiliates, Jeju Air and Aekyung Chemical, and to pursue new businesses."

Tereumeden is a theme-type hot spring water park located in Icheon, Gyeonggi Province. The investment banking (IB) industry estimates that the sale price will exceed 70 billion won.

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