Hanshin Construction Extends Gwangju Urban Railway Contract, Shareholder Value Neutral
This is a routine administrative amendment extending the contract end date by two months from June 30 2026 to August 31 2026.
The contract value remains unchanged at 84.6 billion KRW representing 6.9% of 2022 consolidated revenue.
The counterparty is Gwangju Metropolitan City Urban Railway Construction Headquarters a public institution with very low credit risk.
[AI Summary]This disclosure reflects a schedule adjustment for a large infrastructure project with no additional capital raising or share dilution hence the impact on shareholder value is neutral.
KOSPI Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract