Cellfie Global (KOSDAQ:A068940) secured a 3.1 billion-won supply contract from South Korea's Gangwon Regional Public Procurement Service.
The contract covers the supply of RF-PVC security cards used in the production of mobile driver's licenses, according to a Tuesday filing with the Korean Exchange. The one-year deal started on the same day.
The company will produce the product in-house and supply it in installments, with payments to be received upon acceptance of each shipment following necessary inspections.
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