Kencoa Aerospace Signs Supply Contract Worth 121.3 Billion KRW

[Asia Economy Reporter Junho Hwang] Kenko Aerospace announced on the 19th that it has signed a contract worth approximately 121.3 billion KRW for the mass production of large fuselage structures for cargo aircraft conversion with Singaporean airline MRO company ST ENGINEERING AEROSPACE LTD. This amount corresponds to 383.25% of last year's sales, and the contract period is from the 18th of this month until October 17, 2028.

The Korea Exchange separately announced that it will suspend trading of Kenko Aerospace shares for 30 minutes from 9:13 AM due to this single sales supply contract.