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April 26, 2024

Samsung C&T bags W1.1tr redevelopment order

PUBLISHED : February 14, 2018 - 12:54

UPDATED : February 14, 2018 - 12:54

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[DISCLOSURE] Samsung C&T (028260) announced on Feb. 13 that it has signed a 1.13 trillion won (US$1.05 billion) contract to redevelop apartment housings in Seocho-gu, Seoul.

This amounts to 4.01 percent of its 2016 revenue and the contract is valid for 39 months.

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

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