KakaoVX signs deal to buy 45% of Gaseung Development

Verifying
  • KakaoVX signed an SPA to acquire Seungsan’s 45% Gaseung Development stake.
  • Upon completion, KakaoVX’s ownership will increase from 55% to 100%.
  • Singal CC’s planned completion by end-2022 was delayed by land negotiations and PF problems.
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