Contract Period Extension Amendment for Seoul Road Construction... Neutral Schedule Adjustment
Sambu Construction filed an amendment extending the completion date of its 'Urban Expressway Connection Ramp Installation' contract with Seoul Metropolitan Government from 2026-05-31 to 2026-12-31, a 7-month delay.
The contract, signed in 2019, amounts to 17.76B KRW (Sambu's 49% share of total 36.24B KRW), representing 10.01% of its 2018 consolidated revenue.
The extension appears to be a routine schedule adjustment with no material impact on enterprise or shareholder value; neutral for stock outlook and investment risk.
KOSPI Filing Information
Filing: [Correction of Description] Conclusion of Single Sale and Supply Contract