JS Corporation "Additional Acquisition of Seoul Mirama Shares for 149.2 Billion KRW"
JS Corporation announced on the 20th that it will additionally acquire 793,073 shares of its hotel business affiliate Seoul Mirama for approximately 149.2 billion KRW. After the stock acquisition, JS Corporation's stake in Seoul Mirama will be 74.2%. The scheduled date for the stock acquisition is the 28th. JS Corporation stated that the purpose of this stock acquisition is to "improve the financial structure of the subsidiary."
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