THE INVESTOR

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November 21, 2018

E-mart to invest W92b in affiliates

PUBLISHED : July 11, 2018 - 10:11

UPDATED : July 11, 2018 - 10:11

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[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)

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