[DISCLOSURE]
Dongbang Transport Logistics (004140) announced on June 29 that it has signed 227.0 billion won (US$199.12 million) with Kazakhstan’s Cosco Shipping to offer equipment shipping service for an oil field expansion project.
The deal amounts to 39.5 percent of its 2016 revenue and is valid until Dec. 31, 2021.
By Hwang You-mee (
theinvestor@heraldcorp.com)