Correction of Contract End Date for SK Hynix M15X Project PC Construction Work Lot 2… End Date Undefined Due to Delay in Construction Period Negotiations; Further Disclosure Upon Amendment
Camus Engineering disclosed a correction of the contract end date for the PC (Precast Concrete) material supply and installation contract (Lot 2) for SK Hynix's M15X project from 2026-05-31 to 'undefined'.
The reason for the correction is a delay in negotiations regarding the construction period change; a further amendment disclosure will be made upon signing a revised contract.
The contract amount is 98.6 billion KRW (including VAT), accounting for 35.4% of last year's consolidated revenue (278.8 billion KRW), representing a large-scale order.
If the original client SK Hynix changes the ordering method for PC material supply to direct procurement, the contract may be split or the amount may change, so investors should monitor this risk.
[AI Comprehensive Analysis]This disclosure is a simple correction of the contract end date with no direct change to the contract's validity or size, but the delay in construction period negotiations suggests uncertainty in project progress. However, considering it is part of SK Hynix's large-scale investment project, it may positively impact enterprise value in the long term.
KOSPI Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract
Company: Camus Engineering & Construction (013700)