Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract Receipt of construction order
- Name of contract concluded Urban Type Living Housing Complex Facility Construction Project for Gangseo Gonghang-Dong
2. Details of contract Contract amount (KRW) 30,602,500,000
Sales of the latest fiscal year (KRW) 340,961,877,712
Ratio to sales (%) 8.97
Classified as a large-sized corporation? No
3. Counterparty to contract Airport City Co., Ltd.
- Relationship to company -
4. Regions of sales or supply (markets served) Gangseo-gu, Seoul
5. Contract period Start date 2022-01-26
End date -
6. Terms and conditions of contract -
7. Effective date of contract (receipt of orders) 2022-01-26
8. Withholding of disclosure Reasons for withholding disclosure -
Withholding period -
9. Other matters to be factored into investment decisions
1. The Contract amount of 2 above is VAT-exclusive.

2. Details of construction : Building area of 18,065.96㎡ (5,464.95 pyeong)

; Urban type living housing property with 2 floors underground and 14 floors

above ground (148 households), offices (20 rooms), neighborhood facilities

(242 pyeong)

3. In accordance with Article 26 of the General Terms and Conditions of the

Contracting Agreement, the contract above may be terminated if the "Contractor"

fails to acquire the necessary licenses or permits for the promotion of the

"Project," or if the acquired licenses and permits become invalid or revoked

4. The end date of the contract period is 25 months from the commencement of

construction.

The construction period and contract amount are subject to change depending on

the construction progress.
※ Related disclosure 2022-01-27 Conclusion of Single Sales Contract or Supply Contract

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ILSUNG Construction Co. Ltd. published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 00:48:02 UTC.