Dong-Ah GE wins W18.7b order from Samsung C&T
[DISCLOSURE] Dong-Ah Geological Engineering (028100) announced on Dec. 3 that it has signed an 18.66 billion won (US$16.77 million) contract with Samsung C&T (028260) for tunnel boaring and shaft building for coal-fired power generators in Gangneung, Gangwon Province.
This amounts to 5.5 percent of its 2017 revenue and the contract is valid until Sept. 30, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)