Hanil Chemical Sells Siheung Headquarters to Dongil Resin... "Purpose of Office Relocation and Asset Securitization"

[Asia Economy Reporter Wondara] Hanil Chemical announced on the 15th that it has decided to transfer the land and building located at 1241-3, Jeongwang-dong, Siheung-si, Gyeonggi-do to Dongil Suji Co., Ltd. The transfer amount is 67 billion KRW, which corresponds to 55.42% of the total assets. The transfer reference date is August 31. The company explained the purpose of the transfer as "disposal of the existing office building and asset securitization after relocating to the new headquarters."