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FINWIRES

Xi S&D Wins KRW 132.7 Billion Apartment Construction Order in Incheon

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Xi S&D (KRX:317400) has secured a 132.7 billion won construction order from Changhae Construction for the Yeongjong Haneul City A18 Block apartment project in Incheon.

The project involves building a 20-story apartment complex with two basement levels and neighborhood facilities on the site, according to a bourse filing on Thursday.

The contract period is 30 months from the actual commencement date, though the timeline and amount may be subject to change depending on building permits and construction progress.

No deposit or advance payment is required, and payment terms will be determined based on sales.

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