[Edaily Reporter Shin Ha-yeon ] MEDICOX Co., Ltd.(054180)announced on the 15th that it has decided to transfer the land and buildings of its factory located in Gamseo-ri, Georyu-myeon, Goseong-gun, South Gyeongsang Province, to ONEUS. The book value of the assets to be transferred is 8.462 billion won, and the total transaction price is 5.75 billion won.
The purpose of the transfer is to improve the company’s financial structure by repaying secured loans and securing working capital. The transfer effective date is the 13th of next month.
The sale price is 24.51% lower than the appraised value, and the company expects to incur a loss on the disposal of tangible assets of approximately 2.712 billion won.
The purpose of the transfer is to improve the company’s financial structure by repaying secured loans and securing working capital. The transfer effective date is the 13th of next month.
The sale price is 24.51% lower than the appraised value, and the company expects to incur a loss on the disposal of tangible assets of approximately 2.712 billion won.
