IPARK Hyundai Development said it was selected as the construction contractor for the Gunpo Geumjeong Station-area redevelopment project, Zone 1, in a filing on October 24, 2026 October 26, 2026.

IPARK Hyundai Development said in a filing on October 26, 2026 that it was selected as the construction contractor for the Gunpo Geumjeong Station-area redevelopment project, Zone 1. The company put the estimated construction amount at KRW 448.2 billion, equal to 10.8% of its revenue. The company said this amount will be finalized when the construction contract is signed and that it may change as the project proceeds.

1. 01

   The company said it was selected as the construction contractor for the Gunpo Geumjeong Station-area redevelopment project, Zone 1, on October 24, 2026.

2. 02

   The estimated construction amount of KRW 448.2 billion will be finalized when the construction contract is signed and excludes value-added tax.

3. 03

   The board resolution date (fact confirmation date) is the date on which the company received the official notice of its selection as construction contractor.

4. 04

   The company said the details may change as the project proceeds and that it plans to disclose additional details once the final agreement is signed.

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

Estimated construction amount

KRW 448.2 billion (based on conversion table, excluding VAT)

Recent revenue

KRW 4.147 trillion (based on consolidated financial statements as of end of 2025)

Share of revenue

10.8%

Construction scale

Underground 4 floors to ground 35 floors, 10 buildings, 1,137 household apartment complex and ancillary welfare facilities

Filing facts

Filing type

Material Management Information

Report name

Material Management Information for Investment Decisions

Filed

Oct 26, 2026

Receipt number

20261026800137