Seohan Engineering & Construction (KOSDAQ:011370) secured a housing development project from the Bongsan-dong Housing Redevelopment Project Association, the company said in a Tuesday filing with Korea Exchange.
The contract is valued at 155.43 billion won, and the 40-month contract period starts from the actual construction date, which may change in the future.
Shares of Seohan Engineering & Construction fell more than 1% in recent trade.