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Itcenentec to acquire Seoul Seocho 359 Tower land and building for KRW 74 billion
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Itcenentec to acquire Seoul Seocho 359 Tower land and building for KRW 74 billion
  • Itcenentec to acquire land and a building in Seoul’s Seocho district for KRW 74 billion.
  • Property is Seocho 359 Tower at 1606-5 Seocho-dong.
  • Deal size equals 23.15% of total assets as of FY2025.
  • Closing set for Oct. 7, 2026, with full cash payment on the transaction date.
  • Purchase aims to secure rental income, expand workspace capacity, diversify assets, with funding from internal cash, 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. Itcenentec 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: 20261007000424), on October 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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