Michael Jackson Eyeing Korea
Nov. 18, 1997
SEOUL, South Korea (AP) _ Michael Jackson arrived Tuesday to discuss a possible investment in a financially troubled ski resort, according to the resort.
Lee Kyu-bum, a spokesman for Ssang Bang Wool Group, said Jackson was considering investing in the Muju Ski Resort, 115 miles south of Seoul.
Lee wouldn't disclose details, but the national news agency Yonhap reported that Jackson is considering investing in an amusement park at the resort.
The pop star flew in from Tokyo and went to the resort by helicopter. He had no comment.
Ssang Bang Wool, the country's largest underwear maker, is under court protection after running up $1.5 billion in debts.