DL E&C Ulleung Airport Construction Contract Value Increased to 280.3 Billion KRW with Extended Period, Confirming Normal Business Progress

DL E&C amended its Ulleung Airport construction contract with the Ministry of Land, Infrastructure and Transport's Busan Regional Aviation Administration, increasing the contract amount from 278.4 billion won to 280.3 billion won and extending the completion date to October 31, 2027.
The amendment reflects DL E&C's 44.3% share of the total contract value of 632.6 billion won and is a routine adjustment based on project progress.
The counterparty is a government agency with the highest creditworthiness, and the project represents productive expansion in the company's core construction business.
[AI Summary]This contract amendment for DL E&C confirms normal business progress with no capital changes or shareholder dilution, and is expected to have a neutral impact on the stock price.