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ChinHung International Wins KRW62.6 Billion Housing Redevelopment Project in Jeongneung-dong, South Korea

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ChinHung International (KRX:002780) secured a construction order to build 209 apartment units and ancillary welfare facilities at the site around 223-1 Jeongneung-dong, Seongbuk-gu, Seoul, according to a Monday filing on the Hong Kong Stock Exchange.

The contract is valued at 62.6 billion won. The contract period runs until the end of the month, marking 32 months from the actual start of construction, the filing said.

Shares of ChinHung International fell nearly 1% in recent trade.

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