Yeongheung Decides to Dispose of Land and Buildings in Danwon-gu, Ansan-si Worth 4.8 Billion KRW

[Asia Economy Reporter Lee Jung-yoon] Youngheung announced on the 30th that it has decided to dispose of the land and building located at 654-3, Choji-dong, Danwon-gu, Ansan-si, Gyeonggi-do.

The transaction counterparty is Hanpack, and the disposal amount is 4.79 billion KRW. This corresponds to 0.92% of the total assets based on last year's consolidated financial statements. The purpose of the disposal is to improve the financial structure and secure cash liquidity.