NewFlex Sells Land and Buildings in Ansan, Gyeonggi, for 52.8 Billion Won
NewFlex announced on the 20th that it has decided to sell land and buildings located in Singil-dong, Danwon-gu, Ansan, Gyeonggi Province, for 52.8 billion won in order to secure cash liquidity for future business diversification. The sale amount represents 32.1% of the company’s total assets.
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The transaction counterpart is Daeduck Electronics. The down payment is 5.28 billion won, and the remaining balance is scheduled to be paid on September 4, 2026. The company also plans to complete the transfer of asset ownership on the same day.
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