E-mart to invest W92b in affiliates
[DISCLOSURE] E-mart (139480) announced on July 10 that it has decided to invest 60 billion won (US$53.50 million) in convenience store chain Emart24 to secure means to expand branches.
It will also invest 25 billion won in Daejeon Shinsegae Department Store to finance construction and 7 billion won in liquor manufacturer Jeju Soju to finance operations.
By Hwang You-mee (glamazon@heraldcorp.com)