Subsidiary CAC General Private REIT No.4 Decides Acquisition of Seongsu-dong Property Worth 25.5 Billion Won
Subsidiary CAC General Private Real Estate Investment Company No.4 decides to acquire land and building in Seongsu-dong, Seongdong-gu, Seoul for 25.5 billion won
Acquisition amount equals 14.58% of PS Tec's consolidated total assets (174.88 billion won)
Counterparties are Hwang Jae-yong and Hwang Jae-hyuk, related parties of the parent company
Purpose is to realize profit from value-add and subsequent sale of the property
Scheduled balance payment date is May 28, 2026
KOSDAQ Filing Information
Filing: Decision on Acquisition of Tangible Assets (Major Management Matters of Subsidiary)