Woojin I&S Secures KRW15.7 Billion Construction Order From Posco Subsidiary

MT Newswires Live
06 Jan

Woojin I&S (KRX:010400) secured a construction order from Posco (KRX:005490) subsidiary Posco E&C, valued at 15.7 billion won, the South Korean mechanical equipment producer and construction firm said in a Monday corporate filing with KIND.

Under the contract, Woojin I&S will provide construction equipment for the Samhwa Printing Yangpyeong East site development project, the release said.

Shares of Woojin I&S and Posco rose nearly 2% in recent trade.

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