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Catis Wins KRW5.81 Billion Gimpo Data Center Security & IT Infrastructure Construction Contract; Shares Rise 4%

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South Korean software developer Catis (KOSDAQ:140430) secured a security & IT infrastructure construction contract for the Gimpo Data Center from Daelim, a manufacturer of laminated steel products.

The contract, valued at 5.81 billion won, is valid until Oct. 24, 2027, according to a Friday filing with the Korea Exchange.

Shares of Catis rose more than 4% in recent trade.

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