KBI Dongkook to Buy Land and Buildings in Ulsan for KRW 27.5 Billion

Bitget2026/10/22 05:17

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KBI Dongkook will acquire land and buildings in Ulsan from Taewon for KRW 27.5 billion.
The purchase represents 3.15% of total assets.
The property will house a new factory producing lighter, higher-end crash pads to support new vehicle orders.
The board authorized the acquisition on October 21, 2026; completion is scheduled for January 15, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KBI Dongkook Ind. Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261022800252), on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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KBI Dongkook to Buy Land and Buildings in Ulsan for KRW 27.5 Billion

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