HD Korea Shipbuilding & Offshore Engineering (KRX:009540) said it has not yet finalized investment details for a new shipyard in India, following a report claiming the company was pursuing a project worth 3 trillion won, according to a Thursday filing with the South Korean bourse.
The South Korean shipbuilder said it has an exclusive agreement with the Tamil Nadu state government to explore a new shipyard, but has not decided on the investment amount.
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