What happened
HDC disclosed a subsidiary's supply contract with PMC & Company Co., Ltd., worth US$168M, about 5.6% of the subsidiary's recent annual revenue.
For context, this single contract equals about 5.6% of the subsidiary's most recent annual revenue.
| Counterparty | PMC & Company Co., Ltd. |
|---|---|
| Contract value | US$168M |
| vs. subsidiary revenue | 5.6% |
| Through | N/A |
| Filed | 2026-09-18, Supply contract signed (subsidiary) |
| Source | DART rcept 20260918800442 → open original filing |
Read the full filing in English
Single Sales and Supply Contract Execution
Major Management Matter Report of Subsidiary: iPark Hyundai Industrial Development Co., Ltd.
1. Sales and Supply Contract Classification Construction Contract Award
Contract Name: Construction of Multi-Family Residential 1BL in Paju Medical Cluster Development Project
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 Lot 410 and surrounding area, Seobae-dong, Paju-si, Gyeonggi-do
5. Contract Period Start Date: - End Date: -
6. Major Contract Terms Deposit and Advance Payment: None Payment Terms: Installment payments upon completion of sales
7. Contract (Award) Date 2026-09-18
8. Disclosure Reservation Reason for Reservation: - Reservation Period: -
9. Other Material Matters Related to Investment Decisions The Contract Amount in Section 2 above is the sum of the building construction, electrical construction, and information and communications construction subcontract amounts for this project, and excludes value-added tax. The Recent Sales in Section 2 above is based on the consolidated financial statements as of the end of 2025. The Contract Period in Section 5 above is 31 months from commencement of construction. The project progress may change in the course of future permit and approval applications, and the contract period and contract amount may be modified depending on conditions stipulated in the project implementation process or subcontract.
※ Construction Scale: 7 apartment buildings with 910 units (B2F to 29F), ancillary facilities, and commercial space ※ Related Disclosures: -
Source: DART. Information only, not investment advice.