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Korean conglomerate completes purchase of Makaha Valley Resort

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MAKAHA, Hawaii (KITV4) -- A Korean company, Thursday, closed on the sale of more than 600 acres of land in Makaha Valley in Leeward Oahu for $21.7 million, an attorney involved in the deal confirmed to KITV4 News.

The 644-acre bankruptcy sale of the Makaha Valley Resort sale comprises of entitled, master-planned development property, including the Makaha West and East golf courses that have nearly 20 employees.

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