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Sungbo Chemical to sell W127b real estate to LH

By 정민경

Published : Aug. 19, 2016 - 16:23

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[DISCLOSURE] Sungbo Chemical (003080) announced Aug. 19 that it plans to transfer its ownership of land and property worth 127 billion won (US$113.6 million) to Korea Land & Housing on expropriation for urban development.

The deal amounts to 118.11 percent of the firm’s equity capital in 2015.

By Jung Min-kyung (mkj1105@heraldcorp.com)

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