HD-Hyundai Marine Engine (KRX:071970) secured a ship engine supply contract from Daehan Shipbuilding (KRX:439260), according to a Wednesday filing with the Korean Exchange.
The deal is valued at 40.9 billion won. The shipbuilder will deliver the engine by June 15, 2028.
Shares of HD-Hyundai Marine Engine rose 1% in recent trade, while those of Daehan Shipbuilding fell nearly 1%.
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