Tuksu E&C cinches W20.5b deal with Hanjin Heavy
[DISCLOSURE] Tuksu Engineering & Construction (026150) announced on June 28 that it has signed a 20.44 billion won (US$17.87 million) contract with Hanjin Heavy Industries & Construction (097230) to build a tunnel for a double-track railway.
This amounts to 14.80 percent of its 2016 revenue and the contract is valid until June 26, 2019.
By Hwang You-mee (theinvestor@heraldcorp.com)