[DISCLOSURE]
Kumho Industrial (002990) announced on May 26 that it has signed a 77.59 billion won (US$69.30 million) contract with
Korea Asset In Trust (123890) to build apartment housings in Suwon, Gyeonggi Province.
This amounts to 5.7 percent of its 2016 revenue and the contract is valid for 25 months.
By Hwang You-mee (
theinvestor@heraldcorp.com)