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1. The Defendant: (a) KRW 5,217,121,850 to the Plaintiff; and (b) 5% per annum from April 17, 2012 to April 18, 2014 to the Plaintiff.
Reasons
1. Details of ruling;
(a) Business name - Business name: B development project site (hereinafter “instant project”): - Project execution site: C, D, E, F large scale 5,46,00 square meters: Defendant - Public inspection and announcement date for district designation: May 12, 2009 - Public notice of district designation on June 3, 2009: G public notice of the Ministry of Land, Transport and Maritime Affairs on June 3, 2009;
B. The Central Land Tribunal’s ruling of expropriation on March 16, 2012 (hereinafter “adjudication of expropriation”): The commencement date of expropriation: The land owned by the Defendant as stated in the column for “land to be expropriated” (hereinafter collectively referred to as “land to be expropriated” in attached Form 1 (hereinafter referred to as “attached details”) in attached Table 1 (hereinafter referred to as “land to be expropriated”) - Compensation calculation criteria as stated in the “adjudication of expropriation” column in attached Form 1: The land shall be assessed by dividing the land to be expropriated into the land site, land site, forest land, miscellaneous land, road, ditch, etc. as stated in the “Adjudication of Expropriation” column in attached Form 1, after undergoing each appraisal by the appraisal by the Pacific appraisal corporation, the Pacific Land Corporation, and the appraisal corporation: The appraisal criteria for the calculation of compensation by dividing the land to the land into the land site, land site, land category, road, ditch, ditch, etc.
C. The Central Land Tribunal’s ruling on June 22, 2012 (hereinafter “Objection”) - Compensation: Based on the arithmetic mean of the results of each appraisal by the new appraisal corporation and the Korea Land Appraisal and Assessment Board (hereinafter “Appraisal and Appraisal Board”) newly incorporated in the future of the corporation (hereinafter “Appraisal and Appraisal Board”) (hereinafter “Objection”) (hereinafter “Objection Ruling”), the amount of compensation increased - The criteria for appraisal of compensation - the portion assessed as woodland and miscellaneous land in the Decision on Expropriation as described in the “Land Category” column in the attached Table in the attached Table: The portion assessed as woodland and miscellaneous land in the Decision on Expropriation shall be deemed as factory site and the land subject to expropriation shall be comprehensively assessed as factory site (414 square meters and 9,696 square meters among H land, I land, and J land, etc.). Some land shall be “the portion of factory site”, and the road (17 square meters and 54 square meters among H land and 54 square meters among K.K. land.