[ePublic Notice Highlights] Hyundai Construction Wins 983 Billion KRW Reconstruction Maintenance Project Contract (Comprehensive)

[Asia Economy Reporter Lee Jung-yoon] Hyundai Engineering & Construction announced on the 7th that it has signed a construction contract worth 983.029 billion KRW for the Gwacheon 89 Complex Reconstruction Maintenance Project.

This amount corresponds to 5.44% of the consolidated sales as of the end of last year, and the contract period is 40 months from the start date.

The company explained, "The construction involves building 25 apartment buildings with 2,837 units and ancillary welfare facilities on the site at 41 Burim-dong, Gwacheon-si, Gyeonggi Province, consisting of 3 basement floors and 35 above-ground floors."

Below are the major disclosures announced on the day.

▲ Hyundai Rotem = Signed a contract with Taipei Metro for the supply of electric trains in Taipei, Taiwan, worth 155.98792 billion KRW

▲ MCNEX = Decided on a cash dividend of 500 KRW per common share

▲ Foodnamu = Decided on a bonus issue allocating 1 new common share per 1 common share

▲ Taeyoung Construction = Won orders for new construction of Daejeon Yucheon mixed-use complex 1BL worth 249.7 billion KRW and 2BL worth 345.2 billion KRW

▲ Hwasung Ind. = Decided on a debt guarantee of 32.725 billion KRW for its affiliate PT. Hwa seung Indonesia

▲ DI = Decided to cancel 3,196,785 shares of treasury common stock previously acquired

▲ Dongnam Synthetic = Decided to acquire 25,000 common shares of treasury stock worth 1.325 billion KRW to stabilize stock price

▲ KEPCO KPS = Outside director Kim Yong-sung voluntarily resigned for personal reasons

▲ Winia Aid = Decided to acquire 9.3 million shares of subsidiary Dayou America for 12.1737 billion KRW in cash

▲ Seongho Electronics = Decided to acquire 298,507 common shares of treasury stock worth 400 million KRW to stabilize stock price and enhance shareholder value

▲ Humax = Decided on a debt guarantee of 27.4 billion KRW for affiliate Humax Electronics and decided to provide collateral worth 104 billion KRW for affiliate Humax Mobility

▲ Exicon = Signed a contract with Samsung Electronics to supply semiconductor inspection equipment (SSD Tester) worth 5.7 billion KRW

▲ Metalabs = Early acquisition of the 13th anonymous, interest-bearing, unsecured private convertible bonds (CB)

▲ Woosung = Decided on a debt guarantee of 52.4 billion KRW for subsidiary Woosung Feed

▲ Lotte Insurance = Decided to increase short-term borrowings by 100 billion KRW

▲ UCI = Decided to increase short-term borrowings by 6.3 billion KRW and acquire 1,924,812 shares of ITSCO worth 5.1 billion KRW in cash

▲ Samkang M&T = Decided to lend 43.8 billion KRW to Samkang S&C

▲ Joongang D&M = Signed a contract to purchase 1.9475 billion KRW worth of two-way communication devices for the 4th humanitarian aid in Ukraine