South Korea’s government IT outage has halted online real estate transaction reporting and document issuance, disrupting key services at MOLIT, LH, and Korea Real Estate Board, with authorities pledging to prevent payment delays and waive penalties for late filings.
#YonhapInfomax #RealEstateTransaction #MinistryOfLandInfrastructureAndTransport #KoreaLandAndHousingCorp #SystemOutage #DocumentIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=83850
Government IT Outage Halts Online Real Estate Transaction Reporting and Document Issuance (Comprehensive)
South Korea’s government IT outage has halted online real estate transaction reporting and document issuance, disrupting key services at MOLIT, LH, and Korea Real Estate Board, with authorities pledging to prevent payment delays and waive penalties for late filings.
Yonhap InfomaxSouth Korea's online real estate transaction reporting and document issuance systems remain offline after a fire at a key government data center, disrupting services at the Ministry of Land, LH, and Korea Real Estate Board, with in-person filings required and late penalties waived.
#YonhapInfomax #RealEstateTransaction #MinistryOfLand #LH #KoreaRealEstateBoard #SystemOutage #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=83836
Online Real Estate Transaction Reporting and Document Issuance Halted Due to Government Network Outage
South Korea's online real estate transaction reporting and document issuance systems remain offline after a fire at a key government data center, disrupting services at the Ministry of Land, LH, and Korea Real Estate Board, with in-person filings required and late penalties waived.
Yonhap InfomaxSoluM Co., Ltd. faces scrutiny after acquiring real estate from CEO Jeon Seong-ho’s family firm for 5.2 billion won ($3.9 million), with the CEO defending the deal as necessary and fairly priced following external appraisals.
#YonhapInfomax #SoluM #RealEstateTransaction #JeonSeongHo #EmployeeDormitory #ShareholderConcerns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=75951Taekwang Industry challenges Woori Home Shopping's real estate purchase from Lotte Group, alleging inflated prices and shareholder value damage, sparking a conflict between major shareholders and raising questions about corporate governance.
#YonhapInfomax #WooriHomeShopping #TaekwangIndustry #LotteGroup #RealEstateTransaction #ShareholderConflict #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=56345
Taekwang and Lotte Clash Over Woori Home Shopping's Real Estate Deal
Taekwang Industry challenges Woori Home Shopping's real estate purchase from Lotte Group, alleging inflated prices and shareholder value damage, sparking a conflict between major shareholders and raising questions about corporate governance.
Yonhap Infomax