SDC Revises KCC Engineering Construction Contract Value to 53.62 Billion Won
MT Newswires Live
Yesterday
SDC said it has revised the value of a construction contract with KCC Engineering & Construction Co (KOSDAQ:A021320) to 53.62 billion won, up from 53.25 billion won, in a filing with the Korea Exchange on Tuesday.
The contract covers earthwork and reinforced-concrete work for the Sejong-Anseong expressway construction project, and the adjustment was made due to a design change.
The contract runs between Feb. 22, 2021, and Dec. 31, 2026, and the revised contract value represents 14.71% of its 2025 sales, with payments made based on construction progress.
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