[DISCLOSURE] Dongbu Corp. (005960) announced on July 21 that it has signed a 51.37 billion won (US$45.92 million) contract with Ulsan Regional Office of Oceans and Fisheries to build breakwater for Ulsan New Port.

This amounts to 8.77 percent of its 2016 revenue and the contract is valid until July 22, 2023.

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