Samsung C&T Amendments Contract Period for Banpo Apartment Reconstruction, Maintaining 1.2 Trillion KRW Contract Value

Samsung C&T filed an amendment to the contract period for the Banpo Apartment 3rd District Housing Reconstruction Project.
The amendment specifies the contract period from March 3, 2023 to July 23, 2026, previously unspecified, and deletes a clause regarding construction duration.
The contract amount remains unchanged at 1.2098 trillion KRW, representing 3.93% of 2019 consolidated sales.
[AI Summary]This amendment is a routine administrative update confirming the contract timeline and removing an ancillary clause, with no change in financial terms or shareholder value impact. The market is unlikely to react significantly.