SGC E&C Signs 246.7 Billion KRW Apartment Construction Contract with Maseokuri Housing Association and Amends Period

SGC E&C has signed a contract worth 246.7 billion KRW with Maseokuri Regional Housing Association for apartment construction and infrastructure. This correction filing adjusts the end date from April 17, 2030 to July 18, 2030 due to actual start date confirmation.
The contract amount equals 20.46% of recent sales, representing a major order that will support stable revenue. Monthly progress billings provide positive cash flow.
The counterparty is a local housing association with neutral creditworthiness, but clear termination clauses limit risk.
[AI Summary]This 246.7 billion KRW contract boosts SGC E&C's revenue outlook, but long-term duration and housing association risks keep the stock impact neutral.