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DAWON NEXVIEW CO.,LTD. Acquisition of land in Wonsi-dong, Ansan for KRW 16.9 billion, 52.14% of total assets

DAWON NEXVIEW CO.,LTD.· Material Event Report

AI summary · Not investment advice

DAWON NEXVIEW CO.,LTD. decided to buy land in Wonsi-dong, Ansan, for KRW 16.9 billion (52.14% of total assets).

Acquisition amount

KRW 16.9 billion

52.14% of total assets

Key facts

Asset
Land at 776-8 Wonsi-dong, Danwon-gu, Ansan-si, Gyeonggi-do
% of total assets
52.14%
Counterparty
Hanil Steel Co., Ltd.No relationship with the company
Asset type
Land and buildings
External valuation opinion
AppropriateSamdo Accounting Corporation
Board resolution date
Nov 3, 2026

Commentary

AI commentary · Not investment advice

What happened

DAWON NEXVIEW CO.,LTD. decided to buy land at 776-8 Wonsi-dong, Danwon-gu, Ansan, Gyeonggi Province, from Hanil Steel Co., Ltd. for KRW 16.9 billion. The goal is to secure a site for a new factory and office as orders grow. The company plans to expand production and combine its production and office space to run more efficiently.

In the company's terms

The purchase price equals 52.14% of the company's total assets of KRW 32.4 billion. Total assets are based on the separate financial statements at the end of 2025. An outside appraiser, Samdo Accounting Corporation, judged the price to be appropriate.

What changes for shareholders

The price will be paid in cash in installments. The down payment is KRW 1.7 billion and the balance is KRW 15.2 billion. The balance is due on August 3, 2027, the acquisition date, which may change through consultation.

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