JW Holdings sells its Seocho building for KRW 148 billion

JW Holdings will sell JW Tower in Seocho-dong.

JW Holdings announced on the 20^th that the company’s affiliated company ‘KVG 2’ decided to sell its Seocho-dong building to ‘KORAMCO Fund.’

The sales price is KRW 148 billion, 10.95% of its capital, and the building will be transferred on the 21^st.

‘KVG 2’ is planning to distribute the sales price to shareholders, including the largest sharehold...