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August 24, 2019

Samsung Engineering receives W151b order from Samsung Electronics

PUBLISHED : February 22, 2019 - 09:56

UPDATED : February 22, 2019 - 09:56

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[DISCLOSURE] Samsung Engineering (028050) announced on Feb. 21 that it has signed a 150.76 billion won (US$133.91 million) contract with its affiliate Samsung Electronics (005930) to build a water purification facility in Pyeongtaek, Gyeonggi Province. 

This amounts to 2.72 percent of its 2017 revenue and the contract is valid until June 30, 2020.

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

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