HDC Holdings said its subsidiary I-Park Hyundai Industrial Development decided on October 22, 2026 to acquire 21,842,424 shares of Jamsil MICE Co. for cash.

This filing says that I-Park Hyundai Industrial Development, a subsidiary of HDC Holdings, decided to acquire shares of Jamsil MICE Co. for cash. The company put the acquisition amount at about KRW 109.2 billion (KRW 109.2 billion), which it reported as 3.4% of equity. According to the company, the purpose is to take part in the private investment project to build the Jamsil sports and MICE complex, and the scheduled acquisition date is listed as March 31, 2032.

1. 01

   The issuer is Jamsil MICE Co., and its main business is non-residential real estate management.

2. 02

   The company said the purpose of the acquisition is to take part in the private investment project to build the Jamsil sports and MICE complex.

3. 03

   The company said the acquisition amount is the number of shares acquired multiplied by the par value per share (KRW 5,000). The amount may change depending on financing arrangements, and the company plans to file a corrected disclosure if it changes.

4. 04

   The scheduled acquisition date is the scheduled date for completing payment of the capital contribution. The shares will be acquired in stages. The company said this date is the scheduled last day of the month in which the private investment project is due for completion.

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

Number of shares acquired

21,842,424

Acquisition amount

109,212,120,000 (about KRW 109.2 billion)

Shares owned after acquisition

21,845,824

Ownership stake after acquisition (%)

17.6

As % of equity

3.4

Scheduled acquisition date

March 31, 2032

Filing facts

Filing type

Investment

Report name

Decision on Acquisition of Shares in Another Company (Subsidiary)

Filed

Oct 22, 2026

Receipt number

20261022800179