Exion Group delays property acquisition registration date to Dec. 31, 2026 in correction filing
Bitget2026/09/30 10:40- Exion Group corrected its tangible asset acquisition filing, pushing the planned property registration date to Dec. 31, 2026.
- Delay stems from slower-than-expected assumption of KRW 17.5 billion in loans within a KRW 22.346 billion debt takeover tied to the deal.
- Purchase price remains KRW 38 billion for land and a building in Hanam, with the cash balance already fully paid.
- The lender group agreed to extend arrangements until Dec. 31, 2026 for partial repayment and assumption, or refinancing to another financial institution.
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