Ilsung Construction : Conclusion of Single SalesContract or Supply Contract
August 31, 2022 at 10:34 pm EDT
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Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract
Receipt of construction order
- Name of contract concluded
New construction of Research 2 R&D BL Knowledge Industry Center in Siheung Baegot New Town
2. Details of contract
Contract amount (KRW)
22,800,000,000
Sales of the latest fiscal year (KRW)
416,181,928,384
Ratio to sales (%)
5.47
Classified as a large-sized corporation?
No
3. Counterparty to contract
Youmi Co., Ltd.
- Relationship to company
-
4. Regions of sales or supply (markets served)
Siheung-si, Gyeonggi-do
5. Contract period
Start date
2022-07-27
End date
-
6. Terms and conditions of contract
-
7. Effective date of contract (receipt of orders)
2022-07-27
8. Withholding of disclosure
Reasons for withholding disclosure
-
Withholding period
-
9. Other matters to be factored into investment decisions
1. The "2. Contract amount" above is VAT-exclusive.
2. Construction details: Total floor area 14,456.26 ㎡ with 10 stories above ground and one under (Knowledge Industry Center, neighborhood living facilities, sports facilities)
3. The end date of "5. Contract Period" is 21 months from the commencement of construction.
4. The construction period and contract amount are subject to change depending on the progress of the construction.
※ Related disclosure
2022-07-28 Conclusion of Single Sales Contract or Supply Contract
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Disclaimer
ILSUNG Construction Co. Ltd. published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 02:33:08 UTC.
ILSUNG Construction Co Ltd is a Korea-based company engaged in the construction business. The Company operates its business through four divisions: architecture division, which constructs residential buildings, education facilities, public buildings and other commercial buildings; civil engineering division, which constructs roads, railways, subways, industry complexes and others; landscaping division, which involves in the construction of green belts, and sales business division, which involves in the sales of apartment buildings. It also engages in the construction of water and sewage treatment plants, energy plants and others, and operation of social overhead capital (SOC) construction business,