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Woojin I&S Secures KRW12.2 Billion HVAC Pipeline Construction Contract in South Korea

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Woojin I&S (KRX:010400) secured an order from DB HiTek (KRX:000990) to build a heating, ventilation, and air conditioning (HVAC) piping at the latter's Sangwoo Campus South Fab Phase-2.

The contract, valued at 12.2 billion won, is valid until Aug. 1, 2027, the South Korean mechanical equipment producer and construction firm said in a filing with the Korea Exchange Monday.

The contract amount and contract period are subject to change depending on the construction progress.

Shares of Woojin I&S added 1% while those of DB HiTek fell nearly 2% in recent trade.

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