Handok Clean Tech terminates KRW 6.6 billion land purchase deal with Korea Land & Housing Corp

Bitget2026/09/23 08:51

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Handok Clean Tech’s board rescinded a June 28, 2023 resolution to acquire industrial land in the Nam Cheongju Hyeondo complex.
The company terminated the sale contract with Korea Land & Housing Corp.’s Chungbuk branch by mutual agreement on Sept. 23, 2026.
The cancelled transaction covered a 11,959-square-meter site in Cheongju, with an acquisition price of KRW 6.6 billion.
Decision cited delays in the land’s usable date, reducing expected benefits to operating efficiency and shareholder value.

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. Handok Clean Tech 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: 20260923900687), on September 23, 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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Handok Clean Tech terminates KRW 6.6 billion land purchase deal with Korea Land & Housing Corp

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