iPark Hyundai Development revises Galsan 1 redevelopment contract value to KRW 224.74 billion

• iPark Hyundai Development corrected a previously disclosed construction order for the Galsan 1 District redevelopment project, raising the contract value to KRW 224.74 billion from KRW 172.9 billion.
• The revised amount equals 6.1% of 2020 consolidated revenue, up from 4.7%.
• The correction reflects an amended contract signed on Nov. 23, 2021.
• The expected build period was revised to 43 months from 38 months from the start of construction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iPark Hyundai Development Co. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930800786), on September 30, 2026, and is solely responsible for the information contained therein.