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THE INVESTOR

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Samho Development inks W13.9b expressway deal

  • PUBLISHED :July 17, 2017 - 16:50
  • UPDATED :July 17, 2017 - 16:50
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[DISCLOSURE] Samho Development (010960) announced on July 17 that it has signed a 13.92 billion won (US$12.33 million) contract with Halla to supply earth work and structures to straighten Gyeongbu Expressway between Dongtan junction and Giheung Dongtan interchange. 

This amounts to 5.07 percent of its 2016 revenue and the contract is valid until Aug. 27, 2020.

By Hwang You-mee (theinvestor@heraldcorp.com)

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