iPark Hyundai Development wins KRW 1.3 trillion Wirye new-town construction order

Bitget2026/09/28 08:06

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iPark Hyundai Development won a construction contract for the Wirye New Town Bokjeong Station-area mixed-use project.
Contract value KRW 1.299 trillion, excluding VAT, equal to 31.3% of 2025 consolidated revenue.
Counterparty Songpa Biz Cluster PFV; iPark is a major shareholder of the counterparty.
Work scheduled from Oct. 1, 2026 to Dec. 31, 2030; payments based on progress milestones.
Order date Sept. 28, 2026; scope covers urban support facilities on 1BL in Seongnam, Gyeonggi Province.

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: 20260928800487), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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iPark Hyundai Development wins KRW 1.3 trillion Wirye new-town construction order

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