[DISCLOSURE]
LS (006260) announced on June 19 that its subsidiary LS Cable & System has signed a 370 billion won (US$326.62 million) contract with Singapore’s SP Powerassets to supply and build 230kv power transmission network.
This amounts to 12.05 percent of its 2016 revenue and the contract is valid until Dec. 31, 2020.
By Hwang You-mee (
theinvestor@heraldcorp.com)