[DISCLOSURE]
LS Industrial Systems (010120) announced on Jan. 17 that it has signed a 176.55 billion won (US$165.73 million) contract with KAPES to supply HVDC conversion system between Donghaean and Singapyeong.
This amounts to 7.98 percent of its 2016 revenue and the contract is valid until Dec. 31, 2021.
By Hwang You-mee (
glamazon@heraldcorp.com)