Shinsung E&G (KRX:011930) will construct a cleanroom facility at Amkor Technology Korea's Songdo plant, the technology company said in a Tuesday filing with the Korea Exchange.
The order was secured from the engineering and construction company Dongbu Construction (KRX:005960). The contract, valid until Feb. 18, 2027, is worth 9.48 billion won, the filing said.
Shares of Shinsung E&G surged nearly 30% in Tuesday morning 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.
Comments