Correction of Incheon Yonghyeon·Hakik Urban Development Construction Contract to KRW 1.418 Trillion (50.8% of Revenue)
- IPARK Hyundai Development Company corrected the contract amount for the Incheon Yonghyeon·Hakik Block 1 urban development construction and PM service basic agreement from KRW 1,416,629,933,636 to KRW 1,418,122,770,000 (increase of approx. KRW 1.5 billion)
- This amount represents the company's 40% share, and is 50.8% of the latest revenue (2018 consolidated KRW 2.7927 trillion)
- The counterparty is DCR Co., Ltd., contract start date 2020-04-13, end date to be confirmed upon final phase commencement
- The project consists of urban development (area 1,546,747㎡) and apartment construction (total floor area 573,517.7 pyeong, 11,821 units)
- This correction is due to a contract amendment adjusting the contract amount, revising previous disclosures (2019-10-25, 2024-08-26, 2025-06-17)
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KOSPI Filing Information
- Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract
- Company: IPARK Hyundai Development (294870)
- Submission: IPARK Hyundai Development Company
- Receipt: 04-29-2026
- Under KRX KOSPI Market Division