What happened
Daewoo Engineering & Construction disclosed a supply contract with Sindaebang Station Area Redevelopment Association, worth US$211M, about 3.61% of its recent annual revenue.
For context, this single contract equals about 3.61% of the company's most recent annual revenue.
| Counterparty | Sindaebang Station Area Redevelopment Association |
|---|---|
| Contract value | US$211M |
| vs. recent revenue | 3.61% |
| Through | N/A |
| Filed | 2026-09-18, Supply contract signed |
| Source | DART rcept 20260918800075 → open original filing |
Read the full filing in English
Conclusion of Exclusive Sales and Supply Contract
1. Classification of Sales and Supply Contract Construction Contract Award
Contract Name: Sindaebang Station Vicinity Redevelopment and Improvement Project
2. Contract Details Contract Amount (KRW): 290,849,500,000 Recent Sales (KRW): 8,054,627,137,857 Percentage of Sales (%): 3.61 Large Corporation Status: Applicable
3. Contracting Party Sindaebang Station Vicinity Redevelopment and Improvement Project Association Relationship with Company: -
4. Sales and Supply Region Seoul, Dongjak-gu, Sindaebang-dong, Lot 600-14 and surrounding area
5. Contract Period Start Date: - End Date: -
6. Principal Contract Terms Existence of Contract Payment/Advance Payment: None Payment Conditions, etc.: Installment payments
7. Contract (Award) Date 2026-09-17
8. Disclosure Reservation Reason for Reservation: - Reservation Period: -
9. Other Material Matters Related to Investment Decisions -
Project Overview: Basement 7 floors to ground 29 floors, 11 buildings, 1,586 units and neighborhood commercial facilities
Notes: - The contract amount in section 2 above is exclusive of value-added tax and represents 50% of the company's share. - The recent sales amount in section 2 above is based on consolidated financial statements as of the end of 2025. - The contract period in section 5 above is 49 months from the date of actual construction commencement. - The contract amount, contract period, and other terms may be subject to change depending on the conditions of the construction contract agreement.
Related Disclosure: 2026-04-27 Major Management Matters Related to Investment Decisions
Source: DART. Information only, not investment advice.