G2Power Pushes Back Land Acquisition Date to Dec. 31, 2027

Bitget2026/10/22 07:54

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G2Power corrected its acquisition schedule, moving completion and registration to Dec. 31, 2027, from Oct. 31, 2026.
The KRW 10.2 billion industrial land purchase will provide a site for a new factory to expand production capacity.
Industrial park completion and ownership transfer are now expected in the second half of 2027, subject to project approvals.
The remaining KRW 2.04 billion payment falls due when land use or ownership transfer first becomes possible.
Construction of the new factory is planned to start around August 2027, once site infrastructure is available.

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. G2Power 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: 20261022000372), 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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G2Power Pushes Back Land Acquisition Date to Dec. 31, 2027

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