[Seoul = Reporter Bomi Yoon, Break News, Australia]
▲The view of Alpensia Resort
Woo-geun Han, CEO of KH Gangwon Development, a subsidiary of KH Group, which took over Alpensia Resort, revealed an ambitious plan to focus on development in Gangwon-do, including related areas. Eyes are focused.
Earlier, at the signing ceremony of the agreement held at the Gangwon Provincial Office on the 24th, KH Gangwon Development delivered the best resort development plan in Korea by strengthening the existing resort business and presenting a development blueprint such as additional investment in idle land and adjacent land. In addition, KH Gangwon Development promised 100% employment succession of Alpensia employees.
▲CEO Han Woo-geun of KH Gangwon Development, a subsidiary of KH Group that took over Alpensia Resort
CEO Han said, “Over the past year, KH Group has formed a separate acquisition team and prepared meticulously. The financing plan is also perfect. We appreciate the concerns of some media, but we respectfully decline it.” He added, “This acquisition of Alpensia Resort was not limited to just a profit business, but it was pursued for the development of Gangwon-do and the national interest.” .
He added, "KH Group's real estate assets alone amount to about 1.2 trillion won, and the total asset size is about 2 trillion won, so there is no problem in financing the acquisition of Alpensia Resort."
In fact, KH Group has a reputation externally for its rich know-how in real estate development. KH ENT, a subsidiary of a general construction company, acquired an office building (15,570 pyeong) in Madrid, Spain for 240.6 billion won. It has signed a 15-year lease contract with ING Bank and is recording a stable income of 10% per year.
It also invested in the NH Investment & Securities office building in Yeouido, Seoul and real estate in Geumto-dong, Seongnam.
KH Phillux has also successfully completed the project to implement the Sangji Kyroom housing project in Dogok-dong, Seoul.
CEO Han said, "Based on the KH Group's wealth of business know-how in the real estate development field, we made a plan to develop the Alpensia Resort." He said, "Based on the size of the group's real estate ownership or asset size, the funds were carefully prepared by reflecting the development plan after the acquisition. "he emphasized.
Meanwhile, Gangwon-do is also known to have fully reviewed KH Group's efforts and development plans to acquire Alpensia and finally selected it as the acquisition negotiator.