CMES Robotics (KOSDAQ:475400) secured a supply agreement for robotic automation equipment from Suheung (KRX:008490), according to a Monday filing with the Korean Exchange.
The contract, valued at 2.3 billion won, is valid till Sept. 30, the filing said.
Shares of Suheung added over 3% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.