What happened
Ipark Hyundai Development disclosed a supply contract with PMC & Company Co., Ltd., worth US$168M, about 5.6% of its recent annual revenue.
For context, this single contract equals about 5.6% of the company's most recent annual revenue.
| Counterparty | PMC & Company Co., Ltd. |
|---|---|
| Contract value | US$168M |
| vs. recent revenue | 5.6% |
| Through | N/A |
| Filed | 2026-09-18, Supply contract signed |
| Source | DART rcept 20260918800395 → open original filing |
Read the full filing in English
IPARK Hyundai Industrial Development / Conclusion of Single Sales and Supply Contract / (2026.09.18)
Conclusion of Single Sales and Supply Contract
1. Classification of Sales and Supply Contract Construction Contract Award - Contract Name: Paju Medical Cluster Development Project - New Construction of Apartment Complex 1BL
2. Contract Details Contract Amount (KRW): 231,910,100,000 Recent Sales (KRW): 4,147,006,988,796 Percentage of Sales (%): 5.6 Large Corporation Status: Applicable
3. Contracting Party PMC&Company Co., Ltd. - Relationship with Company: -
4. Sales and Supply Region Gyeonggi-do, Paju-si, Seobae-dong, 410 and surrounding areas
5. Contract Period Start Date: - End Date: -
6. Major Contract Terms Downpayment and Advance Payment: None Payment Conditions, etc.: Installment payments
7. Contract (Order) Date 2026-09-18
8. Disclosure Reservation Reason for Reservation: - Reservation Period: -
9. Other Material Matters Related to Investment Decisions - The '2. Contract Amount' stated above is the sum of the building construction, electrical construction, and information and communication construction subcontract amounts for this project, and is exclusive of value-added tax. - The '2. Recent Sales' stated above is based on the consolidated financial statements as of the end of 2025. - The '5. Contract Period' stated above is 31 months from the start of construction. - The progress of the project may change in the course of future permit and approval applications, and the contract period and contract amount may be changed depending on conditions stipulated in the project promotion process or subcontract.
※ Construction Scale: 7 apartment buildings, 910 units, basement 2 floors to 29 stories above ground, and ancillary facilities and commercial space ※ Related Disclosures: -
Source: DART. Information only, not investment advice.