Defense, Sade signed with Lotte land swap agreement

[Korea gimeunji financial newspaper reporter] Lotte Department of Defense and the US forces 28 days altitudes signed a land exchange agreement to secure place missile defense systems (THAAD · Sadd) Lot.

The two sides agreed to exchange military paper in November last year, Lotte Sky Hill lord CC (lord golf courses) and is located in North Gyeongsang Province Namyangju game seongju county chojeonmyeon, it signed today (28) the relevant agreement.

Day exchange contract is a Pentagon information is passed to the Lotte remove the gunyongji of Namyangju as corresponding to the same value instead of receiving the lord golf course grounds.

The value of the result lord Golf proceed with the appraisal it was 100 billion won were determined at a level that does not exceed the exchange destination site is about 148 million land lord golf course is about 6.7 million ㎡ paper and Namyangju County ㎡.

As Sadd exchange contract is Lot Korea and the United States SOFA Agreement (SOFA) enters an agreement for the donation site. PLANNING through the basic environmental impact assessment, including facility construction plans place a year Sadd.

In addition lord golf course is designated as a protected military zone as the contract is signed. 50th Infantry Division to cooperate with the police to conduct border operations for the land lord Saad Golf protected.

This Saad was the biggest obstacle dwaeteuna land exchange issue is China's economic retaliation to finish this opportunity of placing this may be done more openly.

Let's approval 27 days to provide the lord Lotte golf course grounds by Saad China raised the water level blamed for the country and Lotte.

Chinese state media 27 days through the Old Town to see private environment said, "Saad arranged the withdrawal of South Korea is not an option, China is required to take all necessary measures for the land exchange agreement Saad this place."

Old Town Internet Exchange viewing survey results and also mentions "Lotte is necessary to provide the sanctions Saad grounds," he said in answer dalhaetdago response is 95.3%.

Some observers have reported on March 15th that China can "Day of Consumers' consumer complaints in the related products as Lotte programs to eliminate the possibility of spotlights.

Lotte has currently 24 subsidiaries in China and advance to the employees who work in the 20,000 local level. Lotte Mart, jungyimyeo around the department operates more than 120 stores in China that is going on in sales is 3.2 trillion won in size.

It also relies on sales to 80% of Lotte Duty Free to Chinese tourists.

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Saad Land Contract Lotte shares tow weak

[Korea hyerin nine financial newspaper reporter] Yesterday, the shares geurupju Lotte Lotte tow bearish news on the side that accepts the land exchange proposal Saad (THAAD) deployment.

11:30 am 28 days compared to the previous trading day based on the securities market that Lotte Group, Lotte Confectionery (-3.23%), Lotte Chilsung (-2.52%), Hi-Mart (-1.02%), Lotte Insurance (-0.82% ), Lotte Shopping (-0.64%), and record the Lotte food (-0.47%), in order of weak Lotte Tour development (-0.26%).

Lotte Chemical, Lotte Chilsung preferred shares, which do not only Lotte Fine Chemicals Saad affected.

According to the Pentagon, the day before Lotte Sky Hill, owner of Lotte Trading CC (lord Golf Course) passed a proposal to open the site provides the Board of Directors. Lotte Department of Defense is the one side and the bay about three months, agreed to exchange the lord Namyangju, Gyeonggi Golf and County-owned land.

Land has signed exchange took place rapidly. Lotte Department of Defense and the day has completed the land exchange agreement, lord golf course was designated as a military reserve.

Doctors have expressed strong opposition, while Lotte official decision the Department of Defense and the pressure of the Chinese side exchanged Saad site is expected to be more visible.

Yesterday geongswang Chinese Foreign Ministry spokesman, "The United States and South Korea to promote Saad destroy the strategic balance in the region and undermines the safety and interests of the neighboring countries, including China," and "will take the necessary measures for China's security and interests in it depending consequences were strongly warned the US and South Korea will have to deal with. "

It is also ahead of the withdrawal of the old town to see the recent exchange in Shenyang, China Lotte World Lotte flag and construction stopped at the shop mall Alibaba Tian Mao argued that consideration of the grounds provided Saad.

Saad place blame captain of the Chinese media is also expected to further decline as the price of this blatant.

Hi Investment & Securities yeomjiyun researchers' after Saad Lot exchange of Lotte is reported jungyimyeo deal allowing public opinion in China also share an Saad issues, Internet On has an increasing number of negative references to Korea now 'said,' China sales higher South Korea shares of companies is expected for the time being inevitable adjustments "he said.



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Pentagon "Lotte Council, Saad lord Golf Land Exchange approval" (complementary)

[Korea gimeunji financial newspaper reporter] Defense Ministry said 27 days Lotte Saad Council (THAAD · high-altitude missile defense system) has approved a land exchange arrangement.

The Defense Ministry received a land exchange approvals news for owners of the lord Lotte golf nakjeom Saad place to land, the land exchange agreement is signed as early as about tomorrow.

Accordingly it seems the Pentagon plans to finish this year be placed on Saad speed.

The Defense Ministry plans to explain the relevant information after the contract separately.

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