[DISCLOSURE] Paratech (033540) announced on July 4 that it has signed a 34.78 billion won (US$30.23 million) contract with Samsung Electronics (005930) to supply fire extinguishing equipment.

This amounts to 15.3 percent of its 2016 revenue and the contract expires on May 31, 2018.

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