Genoco Decides to Acquire Land and Buildings Worth 15.7 Billion KRW

Genoco announced on the 7th that it has decided to acquire Davichi Techno Tower located at 18-15, 19 Dangjeong-dong, Gunpo-si, Gyeonggi-do. The acquisition amount is 15.7 billion KRW, and the purposes include enhancing its external image as a listed company, securing mass production orders through verification of current business production capacity (facilities and equipment), expanding production facilities for new items for future new business development, and overcoming the spatial limitations of the current leased building.