Daegu Department Store shares plunged 26.30% to 3,165 won, approximately $2.3, at 9:41 a.m. on Aug. 26 after the planned sale of a 25.82% controlling stake collapsed. Chairman Koo Jung-mo and six other major shareholders agreed on July 15 to sell 2,795,743 common shares to Sekyung Invest and Aram Korea for 22.37 billion won, approximately $16.2 million, but the buyer was later replaced by RianGo Partners and a third party designated by RianGo. The buyers paid 3.4 billion won, covering the down payment, the first interim payment and part of the second, but failed to make the remaining 7 billion won payment due Aug. 25. The agreement was terminated Aug. 25, and the 3.4 billion won already paid was forfeited to the sellers as a penalty. Koo and the other shareholders therefore retain their stake. The failed transaction follows earlier unsuccessful efforts involving Daegu Department Store’s Dongseong-ro flagship property and a proposed controlling-stake acquisition by Cha Bio Group. Separately, overseas automotive media have praised Genesis’ GV90 and GV90 Neolun, highlighting the vehicles’ hidden B-pillar coach doors, ondol-inspired radiant heating and premium-market ambitions.