Hyosung Heavy Industries Selected as Contractor for KRW 542.8B Redevelopment Project
Hyosung Heavy Industries has been selected as the contractor for the 'Dapsimni Auto Parts Shopping Mall Urban Redevelopment Project'.
The estimated contract amount is KRW 542,797,112,000 (excluding VAT), representing 9.09% of recent sales (KRW 5,968,511,616,609).
The construction period is 57 months from the actual start date, involving retail facilities, neighborhood living facilities, apartments, and office facilities (officetels).
Details may change during project progress; finalized details will be disclosed upon contract signing.
KOSPI Filing Information
Filing: Major Management Matters Related to Investment Decision (Major Management Matters of Subsidiary)