Kolon Global Secures 126.5 Billion KRW Contract from K-water for Yongin Semiconductor Industrial Complex Water Supply Project
Kolon Global has signed a contract with K-water for the Yongin Semiconductor Industrial Complex Integrated Water Supply Project worth 126.5 billion KRW, representing 4.7% of its latest annual sales.
The counterparty is K-water, a state-run entity, ensuring high creditworthiness and transaction stability.
This contract is a win by the subsidiary Kolon Global and does not involve any capital changes or dilution for Kolon Corporation.
The construction period is from July 2026 to January 2031, approximately 4.5 years.
[AI Summary]The contract win enhances Kolon Global's growth prospects with a stable state counterparty and no dilution impact, providing a positive catalyst for the stock price.
KOSPI Filing Information
Conclusion of Single Sales/Supply Contract (Major Management Matters of Subsidiary)