Dansungsa, the oldest movie theater in Korea in Myo-dong, Jongno-gu in Seoul, has gone bankrupt. The main creditor bank of the cinema, Woori Bank, on Thursday said Dansungsa on Sept. 19 failed to pay overdraft repayments worth W1.5 billion (US$1=W1,159) to the Jongno 3-ga branch of Woori Bank and it was finally declared bankrupt on Wednesday.
Source : www.chosun.com...
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