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The Korea Herald
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THE INVESTOR
April 20, 2024

Market Now

Daewoo E&C bags W525b order from KT&G

  • PUBLISHED :April 18, 2018 - 10:09
  • UPDATED :April 18, 2018 - 10:09
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[DISCLOSURE] Daewoo Engineering and Construction (047040) announced on April 17 that it has received a 524.92 billion won (US$493.07 million) order from KT&G (033780) to build a multi-use building in Suwon, Gyeonggi Province.

This amounts to 4.46 percent of its 2017 revenue and the contract is valid for 40 months.

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

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