EG (KOSDAQ:A037370) said it secured a 6.2 billion manufacturing, supply, and technical services contract for dust collection facilities with Ilgwang E&C in Kazakhstan.
The South Korean-based manufacturer said that the contract runs from Sept. 7, 2026, to May 7, 2028, and represents 9.82% of its 2025 sales, according to a Tuesday filing with the Korea Exchange.
The payment terms include 5% as an initial advance, 15% as a second advance, and 60% through progress payments; the remaining 15% will be paid after on-site commissioning, with the final 5% to be paid upon operational approval.