SENKO Extends Smart City Contract with LG Uplus by One Month, No Change in Total Contract Amount
SENKO has signed an amendment with LG Uplus to extend the contract period for the Sejong 5-1 Smart City Infrastructure Service design and construction project by one month to July 31, 2026.
The extension is due to site conditions, and the total contract amount of 2.5 billion KRW remains unchanged.
The counterparty LG Uplus is a major listed telecom company with high creditworthiness, positively impacting transaction stability.
[AI Summary]This simple contract period extension does not affect the existing revenue recognition schedule, involves no new capital raising or shareholder dilution, and has a neutral impact on the stock price outlook.
KOSDAQ Filing Information
[Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)