Kumho Industrial Signs 111.1 Billion KRW Contract with Shinyoung Urban Development for Hongcheon Apartment Construction Project
[Asia Economy Reporter Park Jun-yi] Kumho Industrial has announced on the 8th that it has signed a contract worth 111.138 billion KRW with Shinyoung Urban Development Co., Ltd. for the construction of a multi-family housing complex in Huimang-ri, Hongcheon-eup, Hongcheon-gun, Gangwon-do.
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The contract amount is 6.96% of the consolidated sales as of 2019. The contract period is 34 months from the start date of construction.
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