Wednesday, February 22, 2017

Sindongju SDJ Corporation Chairman, Lotte Shopping shares sold



[Korea goyounghun financial newspaper reporter] had sold sindongju SDJ Corporation president last February 17, Lotte Shopping holds 1.73 million shares, which is part of the block through 883 weeks in a deal announced Monday. Lotte Shopping was also disclose this information day.

Proceeds from the sale will reportedly review the use in applications such as Japan's gwangyun debt repayment, debt repayment for tax daenap Executive Chairman Shin Kyuk-ho's father, new business investment in Korea. This stake held by the new president of Lotte Shopping dropped from 14.83% to 7.95%.



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