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E-Mart Offloads Real Estate, Buys Back Shares to Restore Competitiveness

E-Mart Offloads Real Estate, Buys Back Shares to Restore Competitiveness

SEOUL, Aug. 14 (Korea Bizwire) — E-Mart Inc. has decided to buy back shares worth some 100 billion won (US$82 million) and securitize its assets through sale and leaseback arrangements. “At the current stage, we have to save up our capability, and use that capability when there is an opportunity,” said Shinsegae Group Vice Chairman [...]

Sundance Energy Australia Limited Announces Agreement to Sell Dimmit County Assets for US$29.5 Million

Sundance Energy Australia Limited Announces Agreement to Sell Dimmit County Assets for US$29.5 Million

DENVER, Jul. 17 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today announced that it had entered into a definitive agreement to sell its assets in Dimmit County, TX (the [...]

Butte Energy Inc. Announces Asset Disposal

Butte Energy Inc. Announces Asset Disposal

CALGARY, Alberta, Jul. 2 (Korea Bizwire) — Butte Energy Inc. (the “Corporation”) (TSXV:BEN.H) announces it has entered into an agreement regarding the sale of its Chigwell properties to RKSmith Energy Corp. for $35,000 (the “Transaction”). The Transaction, if completed, will constitute the final disposition of all the Corporation’s remaining assets and no finders fees will [...]