CNT85 extends contract period and slightly increases amount for gas treatment equipment supply with GS Construction, limited impact on shareholder value
CNT85 has amended its supply contract with GS Construction for flue gas treatment equipment at the Daegu Seongseo Resource Recovery Facility, extending the contract period to August 31, 2026 and slightly increasing the contract amount to approximately 4,590,785,400 KRW.
The amendment reflects a construction delay, with the amount increase being only about 470,000 KRW, resulting in negligible financial impact.
The counterparty GS Construction has high creditworthiness, reducing execution risk.
No treasury stock acquisition, cancellation, or dividend policy changes were disclosed in relation to this filing.
[AI Summary]CNT85's contract amendment with GS Construction for flue gas treatment equipment extends the period and marginally increases the amount, with limited financial impact. The contract size is 9.15% of sales but unrelated to equity changes, so shareholder value impact is low. The credible counterparty mitigates execution risk.
KOSDAQ Filing Information
[Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)