[DISCLOSURE] S&TC (100840) announced on Nov. 16 that it has signed a 24.43 billion won (US$21.63 million) contract with TR / Daewoo Engineering and Construction (047040) to supply air coolers. 

This amounts to 13.27 percent of its 2017 revenue and the contract is valid until Nov. 22, 2019.

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