Hanchang Industry Decides to Transfer Tangible Assets to Korea Gas Corporation

[Asia Economy Reporter Minji Lee] Hanchang Industry announced on the 18th that it has decided to transfer land and buildings near Tongjeong-ri, Seokmun-myeon, Dangjin-si, Chungnam Province to Korea Gas Corporation for 7,163,810,000 KRW. The company explained, "The transfer was made for the acquisition of industrial land under the Industrial Cluster Act," and added, "An increase in profitability and improvement in financial structure are expected due to the sale of tangible assets."