[DISCLOSURE]
Hanjin Heavy Industries & Construction (097230)announced on June 14 that it has been named a successful bidder by Defense Acquisition Program Administration to manufacture a batch of four battle ships.
The bid price is 259.9 billion won (US$231.12 million) which is equivalent to 9.24 percent of its 2016 revenue.
By Hwang You-mee (
theinvestor@heraldcorp.com)