Biolog Device Transfers Land and Buildings Worth 12 Billion Won

[Asia Economy Reporter Kim Daehyun] Biolog Device announced on the 7th that it has decided to transfer real estate, including land and buildings located in Yongin-si, Gyeonggi Province, to Hesed Edu and 17 other corporations and individuals.

The transfer amount is 12 billion KRW, accounting for 11.86% of the total assets.

The company stated, "The purpose is to improve the financial structure through asset sales."