[DISCLOSURE]
Shinsegae Engineering and Construction (034300) announced on Sept. 27 that it has signed a 60.1 billion won (US$54.10 million) contract with its largest stakeholder
E-mart (139480) to build a logistics center in Gimpo, Gyeonggi Province.
This amounts to 5.65 percent of its 2017 revenue and the contract is valid until Oct. 31, 2019.
By Hwang You-mee (
glamazon@heraldcorp.com)