Chinhung International Wins KRW54.4 Billion Daegwang Villa Small-scale Housing Redevelopment Project
MT Newswires Live06-30 19:07
Chinhung International (KRX:002780) secured a construction order to build 145 apartment units and associated amenities at the site around 54 Anam-dong 3-ga, Seongbuk-gu, Seoul, according to a Tuesday filing on the Hong Kong Stock Exchange.
The contract with Daegwang Villa Street-Housing Redevelopment Project Association is valued at 54.4 billion won. The contract period runs until the end of the month, marking 35 months from the actual start of construction, the filing said.
Shares of Chinhung International rose nearly 1% at market close.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
