ALPENROUTE’s DESIRE TO SELL ITS STAKE TO MARKET KURLY FOR LIQUIDITY

Highlights –

• AlpenRoute to sell its stake for fund repayments
• Market Kurly may resolve AlpenRoute’s liquidity problem
• Market Kurly leading online grocery store

South Korea’s AlpenRoute Asset Management is readying to sell its stake in Market Kurly.

According to sources, due to Lime Asset Management’s fiasco over fund repayments, AlpenR....