LIG Nex1 Co. Ltd.

04/18/2024 | Press release | Distributed by Public on 04/17/2024 19:42

Conclusion of Single Sales Contract or Supply Contract

Report of Disclosure Revision
Revision Date 2024-04-18
1. Disclosure Documents in relation with Revision Conclusion of Single Sales Contract or Supply Contract
2. Submission date of documents 2021-12-31
3. Reason for Revision Change in end date(delayed) as per the Buyer's request.
4. Revised Information
information before revision after revision
5. Contract period
- End date
2024-12-20 2025-12-20
- Amount and period of this contract are subject to change during its contract period.
Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract Other sales or supply contracts
- Name of contract concluded 2nd batch production for 130mm Guided rocket
2. Details of contract Contract amount (KRW) 63,729,000,000
Sales of the latest fiscal year (KRW) 1,600,344,315,019
Ratio to sales (%) 4.0
Classified as a large-sized corporation? Yes
3. Counterparty to contract Republic of Korea's Defense Acquisition Program Administration
- Relationship to company -
4. Regions of sales or supply (markets served) Republic of Korea
5. Contract period Start date 2021-12-29
End date 2025-12-20
6. Terms and conditions of contract Due to national security concerns, details of the contract is not disclosed.
7. Effective date of contract (receipt of orders) 2021-12-29
8. Withholding of disclosure Reasons for withholding disclosure -
Withholding period -
9. Other matters to be factored into investment decisions
1) This contract is for producing and supplying 130mm guided rockets.
2) This contract is not subject to taxation, thus the contract amount stated in above line 2 does not include any tax.
3) Sales of the latest fiscal year above refers to the consolidated financial statement from Fiscal Year 2020.
4) Amount and period of this contract are subject to change during its contract period.
※ Related disclosure 2021-12-31 Conclusion of Single Sales Contract or Supply Contract