SAMIL C&S has signed an amendment to extend the contract end date for the Busan Eco Delta City Phase 3 Block 2 Bridge 12 steel bridge fabrication and installation project from April 16, 2026 to August 31, 2026, an extension of approximately 4.5 months.
The contract amount is 12,059,189,890 KRW, representing 6.17% of 2019 sales, with monthly progress billing and cash payment terms. This correction is a simple extension with no change in contract size or conditions.
The project is located in Myeongji-dong, Busan, and no advance payment is required. No shareholder return measures were disclosed.
[AI Summary]This correction filing for SAMIL C&S is merely a schedule adjustment to an existing order contract, thus having limited impact on stock price or financial structure. Although the contract size is material at 6.17% of sales, no changes were made to the existing terms, resulting in low investor interest.
KOSPI Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract