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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

Kumho Industrial bags W77.6b construction order from KAIT

  • PUBLISHED :May 26, 2017 - 14:10
  • UPDATED :June 21, 2017 - 17:37
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[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)

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