Pusan Cast Iron delays KRW 70 billion tangible asset sale closing to Oct. 30 from Sept. 30

Bitget2026/09/30 09:25

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Pusan Cast Iron corrected its asset-sale filing, pushing the planned transfer date to Oct. 30, 2026 from Sept. 30, 2026.
Payment schedule revised; final balance set at KRW 45 billion on Oct. 30, 2026.
Total sale price unchanged at KRW 70 billion for land and buildings in Gijang-gu, Busan.
Transaction remains aimed at improving financial structure, supporting debt repayment and liquidity.
Delay-interest terms updated, rising to 18% annually from Oct. 1, 2026 until settlement.

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. Pusan Cast Iron 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: 20260930000755), on September 30, 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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Pusan Cast Iron delays KRW 70 billion tangible asset sale closing to Oct. 30 from Sept. 30

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