IS DongSeo (KRX:010780) will build the plant and technology line 7 in Cheongju for SK Inc. (KRX:034730) subsidiary SK Ecoplant, according to a Friday filing with the Korea Exchange.
The contract, valued at 63.5 billion won, is valid till June 30, 2028.
Shares of IS DongSeo added nearly 4% while those of SK Inc. declined over 7% at market close.
(Updates the headline to note that Gautam Adani settled the case, not Adani Green)Adani Green Energy (NSE:ADANIGREEN, BOM:541450) said Indian billionaire Gautam Adani and Sagar Adani have reached a settlement with the U.S. Securities and Exchange Commission (SEC) in a civil case filed before the U.S. District Court for the Eastern District of New York, according to a Friday filing on Indian bourses.The parties jointly filed a request for entry of final judgment on consent before the court on May 14 New York time, the filing said. Gautam Adani and Sagar Adani agreed to settle the matter without admitting or denying the allegations made by the SEC.Under the settlement, Gautam Adani and Sagar Adani agreed to pay civil penalties of $6 million and $12 million, respectively, according to the filing.Final court approval is awaited, the filing said.Adani Green's shares fell nearly 3% at market close.
Adani Green Energy (NSE:ADANIGREEN, BOM:541450) said Indian billionaire Gautam Adani and Sagar Adani have reached a settlement with the U.S. Securities and Exchange Commission (SEC) in a civil case filed before the U.S. District Court for the Eastern District of New York, according to a Friday filing on Indian bourses.The parties jointly filed a request for entry of final judgment on consent before the court on May 14 New York time, the filing said. Gautam Adani and Sagar Adani agreed to settle the matter without admitting or denying the allegations made by the SEC.Under the settlement, Gautam Adani and Sagar Adani agreed to pay civil penalties of $6 million and $12 million, respectively, according to the filing.Final court approval is awaited, the filing said.Adani Green's shares fell nearly 3% at market close.
Keli Sensing Technology Ningbo (SHA:603662) Chief Financial Officer Chai Xiaofei resigned due to personal reasons, according to a Friday filing with the Shanghai bourse.Chair and General Manager Ke Jiandong will serve as acting CFO until a permanent successor is appointed.Shares of the weighing components manufacturer rose 6% Friday.