This is an amended filing · View original →
CATIS INC. [Amended] Single Sales/Supply Contract
AI summary · Not investment advice
The amount of CATIS INC.'s Gimpo data center construction contract, disclosed in June, increased from KRW 5.8 billion to KRW 6.1 billion.
Contract amount
AmendedKRW 6.1 billion
Before amendment KRW 5.8 billion · 21.99% of recent revenue · excl. VAT
Key facts
- Contract details
- Gimpo Data Center Security & IT Infra construction
- Recent revenue
- KRW 27.9 billion2025, separate basis
- % of revenue
- 21.99% · AmendedPreviously 20.82%
- Counterparty
- Daelim Co., Ltd.
- Contract period
- Jun 4, 2026 – Oct 24, 2027
- Contract date
- Jun 4, 2026
- Original contract disclosure date
- Jun 5, 2026
- Supply region
- Korea
- Payment terms
- Cash within 60 days of receipt of deliverablesNo down payment/advance
Commentary
AI commentary · Not investment advice
What happened
CATIS INC. corrected the supply contract it disclosed on June 5 for Security & IT Infra construction at the Gimpo data center, citing a change in the contract amount. The amount rose from KRW 5.8 billion to KRW 6.1 billion. The contract runs from June 4, 2026 to October 24, 2027, and payment is due in cash within 60 days of receipt of the deliverables. The company noted that terms such as the amount and period may change as the work progresses.
In the company's terms
The contract amount equals 21.99% of the company's most recent revenue of KRW 27.9 billion (2025, separate basis), up from 20.82% before the correction. The company stated that it has not performed a similar contract with this counterparty in the past three years.
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