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THE INVESTOR
June 22, 2018
Big Reunion

Market Now

Woowon Development wins W61.2b order from Kolon Global

  • PUBLISHED :March 09, 2018 - 11:40
  • UPDATED :March 09, 2018 - 11:40
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[DISCLOSURE] Woowon Development (046940) announced on March 9 that it has signed a 61.2 billion won (US$57.12 million) contract with Kolon Global (003070) to build expressway between Changnyeong and Milyang, North Gyeongsang Province.

This amounts to 29.55 percent of its 2016 revenue and the contract is valid until Dec. 31, 2023.

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

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