IS DONGSEO Amends SK Hynix M15 WWT Project Contract Extending Completion Date
IS DONGSEO submitted a correction disclosure extending the end date of the SK Hynix M15 WWT Project construction contract with SK Ecoplant from June 30, 2026 to August 31, 2026.
The contract amount remains unchanged at 90.98 billion KRW, representing 5.66% of 2021 consolidated sales. The project commenced on November 15, 2022.
This amendment results from an agreement to change the contract period with no additional financial adjustments or dilution impact.
[AI Summary]This is a routine administrative correction extending only the contract period without any change in contract value, resulting in a neutral impact on shareholder value. It does not materially alter the existing order backlog or revenue recognition timeline.
KOSPI Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract