SMEC Secures Machine Tool Supply Contract from SEIL MT; Shares Decline 3%

MT Newswires Live

03/03

SMEC (KOSDAQ:099440) secured a supply contract for machine tools from SEIL MT, according to a Tuesday filing with the Korean Exchange.

The contract, valued at 22.07 billion won, is valid till Sept. 30.

Shares of SMEC fell more than 3% in recent trade.

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