K Smart Farming Co., Ltd., agreed to acquire Jeongseon and Yangyang construction management business of HanmiGlobal Co., Ltd., for KRW 3 billion.
August 29, 2021
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K Smart Farming Co., Ltd., agreed to acquire Jeongseon and Yangyang construction management business of HanmiGlobal Co., Ltd., for KRW 3 billion on August 27, 2021. Pursuant to the terms of the transaction, K Smart Farming Co., Ltd., shall pay 10% down payment at the time of signing the contract, with the balance 90% payment in installments every 2 months. The transaction was resolved upon by the Board of K Smart Farming Co., Ltd., on August 27, 2021.
HanmiGlobal Co., Ltd is a Korea-based company mainly engaged in the provision of construction management (CM) and project management (PM) services. The Company provides construction supervision services, environmental and energy consulting and engineering services, as well as specialized services, such as cost management, feasibility study, quality improvement team (QIT), due diligence, schedule management, and lender's technical advice (LTA) businesses. The Company distributes its services within domestic market and to overseas markets. It also involves in the provision of engineering services including urban project design, water treatment facility design, as well as railway, bridge, road and other infrastructure design through its subsidiary OTAK Inc.
HANMIGLOBAL CO., LTD. 
