[ad_1]
Enter 2020.11.19 21:00
E-Mart (139480)It is planning to expand capital for Shinsegae Chosun Hotel, a subsidiary suffering from the consequences of the coronavirus infection (Corona 19).
The Shinsegae Chosun Hotel announced on the 19th that it will increase the amount of new shares equivalent to 18.51.3619 shares (27.95 billion won) at E-Mart.
E-Mart acquires new shares through an in-kind investment in the Shinsegae Chosun Hotel, located in Sogong-ro, Jung-gu, Seoul. When the capital increase is completed, E-Mart’s stake in Shinsegae Chosun Hotel will increase from 99.92% to 99.96%.
E-Mart explained: “We acquire actions to improve the operating capital and financial structure of the affiliates”.
.
[ad_2]
Source link
