Jinyang Holdings Decides to Dispose of Land in Busan Area Worth 471 Billion KRW

[Asia Economy Reporter Minwoo Lee] Jinyang Holdings announced on the 17th that its subsidiary Jinyang Mulsan has decided to dispose of land and buildings located at 123-1 Buam-dong, Busanjin-gu, Busan Metropolitan City, along with 4 other parcels, to One Development Plus for approximately 471 billion KRW. This amount corresponds to 85.95% of the total assets on a separate basis as of last year.