Kolon Global Secures KRW105 Billion Construction Contract with Samsung Electronics

MT Newswires Live

08/18

Kolon Global (KRX:003070) said it secured a 104.8 billion won construction contract with Samsung Electronics (KRX:005930) in South Korea, according to a Tuesday filing with the Korean Exchange.

The South Korean construction company said that the order covers design and construction of Phase 3 of the water treatment plant at Samsung's Pyeongtaek P5 site and represents 3.90% of its 2025 consolidated revenue.

The contract runs from Oct. 1, 2023, to June 30, 2028.

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