Axbis to Buy Daejeon Land for KRW 8.11 Billion

Bitget2026/10/28 08:16

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Axbis will acquire land in Daejeon from Korea Land & Housing Corp. for KRW 8.11 billion, equivalent to 11.2% of total assets.
The site will support business expansion and future production capacity increases.
Contract signing is scheduled for Nov. 2, 2026; completion is set for Nov. 2, 2029.
Payment will be made in cash installments, funded through internal resources and bank borrowing.

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. Axbis 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: 20261028000368), on October 28, 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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Axbis to Buy Daejeon Land for KRW 8.11 Billion

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