Isaac Engineering Calls EGM to Expand into Renewable Energy and Power Generation
- Extraordinary general meeting on May 29, 2026 to amend articles of incorporation (add business purposes)
- New business purposes: renewable energy, power generation/sales, power equipment manufacturing/sales, civil engineering/construction, etc.
- Outside director Lee Dong-won attended 4 out of 12 board meetings (33.3% attendance), received KRW 4 million in compensation
- Director compensation limit set at KRW 2.5 billion in articles (including inside directors)
- Company operates smart factory solutions (industrial automation, digital factory, IoT platform), with most revenue from industrial automation
- New business: high-voltage power facility preventive diagnosis solution, targeting KEPCO market entry
- Global smart factory market expected to reach $147.6B by 2028 (10.3% CAGR), domestic market $25.6B (11.4% CAGR)
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KOSDAQ Filing Information
- Filing: Notice of Convocation of Shareholders' Meeting
- Company: ISAAC Engineering (351330)
- Submission: ISAAC Engineering Co., Ltd.
- Receipt: 05-13-2026