SEMCNS said it has decided to acquire land and buildings in the Gwacheon Public Housing District for KRW 50.9375 billion, for use as a group R&D center.

SEMCNS decided through its board meeting on October 15, 2026 to acquire land and buildings in special planning zone 3 (self-sufficiency 1) within the Gwacheon Public Housing District for KRW 50.9375 billion. The company said the purpose of the purchase of the group R&D center is to expand its R&D infrastructure and secure outstanding talent. However, ownership will be transferred after the building is completed and permits are finalized. The company said the scheduled transfer date and payment terms may change depending on the counterparty's project progress.

1. 01

   The counterparty is MediPark One PFV Co., Ltd. The company said the relationship with the counterparty is listed as "-."

2. 02

   The payment is in cash and will be funded with the company's own capital. The payment schedule consists of a down payment of KRW 2.5 billion, a 1st interim payment of KRW 2.5 billion, and a 2nd interim payment of KRW 5.1 billion, with the balance of 80% paid after completion approval.

3. 03

   The external valuation was omitted. The company said it falls under the case where the need for a valuation is low.

4. 04

   The acquisition amount is the planned transaction price and does not include incidental costs such as taxes, public charges and fees. The company said the final amount is not fixed and may change, as it will be settled after project completion based on the construction cost and other factors.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Acquisition amount

KRW 50.9375 billion (approx. KRW 50.9 billion)

Ratio to total assets

20.08%

Total assets

KRW 253.7 billion (approx. KRW 253.7 billion)

Down payment (5%)

KRW 2.5 billion (payment date October 29, 2026)

Scheduled transfer date (acquisition reference date and scheduled registration date)

August 31, 2032

Filing facts

Filing type

Investment

Report name

Decision on Acquisition of Tangible Assets

Filed

Oct 15, 2026

Receipt number

20261015000394