[Asia Economy Reporter Kwon Jaehee] Hyundai Engineering & Construction announced on the 22nd that it has signed a supply contract worth 750.821 billion KRW with Yongsan Eleven Co., Ltd. for the complex development of the UN Command site in Itaewon-dong. This amount corresponds to 4.16% of the 2021 sales revenue. The following are the major disclosures released in the afternoon of the same day.
▲ Daehan Flour Mills = Signed a treasury stock trust contract worth 6.4 billion KRW with Korea Investment & Securities. The contract period is from the 27th of this month to September 27, 2027.
▲ Jeil Grinding = Announced that the Pohang plant production line has been normalized following the completion of flood damage recovery caused by Typhoon 'Hinnamnor'. The sales revenue from the resumed production area amounts to 31 billion KRW, which corresponds to 38.9% of the 2021 sales revenue.
▲ ESTECH = Appointed Ha Byung-wook as the new CEO following the resignation of former CEO Oh In-yong.
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