06/28/2022 | Press release | Distributed by Public on 06/28/2022 01:56
1. Type of sales or supply contract | Receipt of construction order | |
- Name of contract concluded |
Contract for the construction of a mixed residential-commercial building in Oncheon-dong, Busan |
|
2. Details of contract | Contract amount (KRW) | 112,461,800,000 |
Sales of the latest fiscal year (KRW) | 3,094,698,644,786 | |
Ratio to sales (%) | 3.63 | |
Classified as a large-sized corporation? | Yes | |
3. Counterparty to contract | Oncheondong DA Co., Ltd. | |
- Relationship to company | - | |
4. Regions of sales or supply (markets served) | 1423-20, Oncheon-dong, Dongrae-gu, Busan, etc. | |
5. Contract period | Start date | - |
End date | - | |
6. Terms and conditions of contract | - | |
7. Effective date of contract (receipt of orders) | 2022-06-24 | |
8. Withholding of disclosure | Reasons for withholding disclosure | - |
Withholding period | - | |
9. Other matters to be factored into investment decisions | ||
- This contract is a construction contract for a mixed residential-commercial building with 7 floors underground and 36 floors above ground in Oncheon-dong, Dongrae-gu, Busan. - The 'Contract amount' of 2 above is VAT inclusive, and the 'Sales of the latest fiscal year' are based on Hyosung Heavy Industries Co., Ltd.'s consolidated financial statements as of the end of 2021. - The contract period is 42 months from the date of actual commencement of construction. - The contract amount and contract period above are subject to change during the construction progress. |
||
※ Related disclosure | - |