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THE INVESTOR
February 21, 2020
Big Reunion

Market Now

Hyundai Rotem bags W81.8b NDA deal

  • PUBLISHED :February 19, 2019 - 10:53
  • UPDATED :February 19, 2019 - 10:53
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[DISCLOSURE] Hyundai Rotem (064350) announced on Feb. 18 that it has signed an 81.8 billion won (US$72.57 million) contract. 

This amounts to 3.0 percent of its 2017 revenue and the deal is valid until Aug. 22, 2022. 

The details of the contract will remain undisclosed until March 11 to protect trade secrets, said the company. 

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

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