The Korea Herald

지나쌤

Zaigle to acquire real estate worth W24.5b from Hanwha E&C

By 윤정현

Published : Sept. 13, 2016 - 09:44

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[DISCLOSURE] Zaigle (234920), a cooking appliance maker, reported on Sept. 12 that it will acquire land and a building worth 24.5 billion won (US$22.054 million) from Hanwha Engineering & Construction to establish a research and development center and a production and complex logistics center in Incheon. 

The deal amounts to 47.72 percent of its equity capital.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)