[DISCLOSURE]
ESV (223310) announced on March 22 that it has signed an exclusive contract with Vietnam’s Thaison Group to supply “smart” lights manufactured by ALG Systems, in a statement released in response to the Korea Exchange’s inquiry regarding media reports.
The contract amount, subject to change if the parties agree, is US$450 million and is valid until 2019.
By Hwang You-mee (
theinvestor@heraldcorp.com)