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KRX:000210

7 stories mentioning KRX:000210Updated 5d ago

Every FINWIRES story that references KRX:000210, newest first.

Asia

DL E&C Secures KRW245 Billion Power Plant Construction Contract

DL Holdings (KRX:000210) unit DL E&C (KRX:375500) secured a 245.4 billion won construction contract for a power project with the Korea Western Power-led consortium, according to a Wednesday filing with the Korea Exchange.The project involves the construction of a 500-megawatt combined heat and power plant in Asan, South Korea, with a total project cost of 287.2 billion and DL E&C holding an 85% share of the construction cost.

KRX:000210KRX:375500
Asia

DL Holdings Unit Expects Improved Profitability After Petrochemical Reorganization Approval

DL Holdings' (KRX:000210) unit, DL Chemical, said it is expected to improve profitability following approval for its joint business reorganization plan with Hanwha Solutions (KRX:009830) Lotte Chemical (KRX:011170), and Yeocheon NCC.Under the restructuring plan, DL Chemical will transfer its PE business into Yeochun NCC, which will then be combined with assets from Lotte Chemical and Hanwha to create a jointly owned petrochemical company, according to a Wednesday filing with the Korean Exchange.The restructuring will shift focus toward higher-value products while enhancing operational efficiency through the integration of production systems at the Yeosu Industrial Complex.

KRX:000210KRX:009830KRX:011170
Asia

Hanwha Solutions Gets Government Nod for Joint Petrochemical Restructuring Plan

Hanwha Solutions (KRX:009830) received government approval on July 20 for a joint business restructuring plan under Korea's Special Act on Corporate Vitality Enhancement, filed jointly with Lotte Chemical (KRX:011170), DL Chemical, and Yeocheon NCC.The plan rationalizes naphtha cracker facilities by contributing the company's Yeosu PE and petroleum resin businesses in kind to Yeocheon NCC, leading to an integrated entity co-operated by three companies.Before the integrated entity is established, existing shareholders, namely Hanwha Solutions and DL Holdings (KRX:000210) unit DL Chemical, will each inject 272.5 billion won to repay Yeocheon NCC's 545 billion won in debt.The restructuring is expected to accelerate the shift to high-value-added products, improve operational efficiency at the Yeosu complex, and enhance the company's profitability.

KRX:000210KRX:009830KRX:011170
Asia

South Korean Shares Plunge as Tech Stocks Lead Losses Amid Middle East Tensions

South Korean shares fell sharply on Thursday, led by steep declines in technology stocks as escalating Middle East tensions took a toll on investor sentiment. Market heavyweights Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) led the losses with declines of nearly 9% and 12%, respectively.The Korea Composite Stock Price Index, or Kospi, decreased by 463.81 points, or 6.4%, to end at 6,820.6. The Kosdaq also fell by 37.59 points, or 4.5%, to close at 791.84.In economic news, the Bank of Korea raised its benchmark interest rate by 25 basis points to 2.75% from 2.50%, according to a Thursday press release.This rate increase is the first by the South Korean central bank in 3.5 years.Bank of Korea data indicates that foreign investors pulled a record $30.7 billion from Korean securities, including stocks and bonds, during June. The withdrawal represented the fifth consecutive month of net portfolio outflows, dating back to February.The outflow value in June was the second largest on record, after a $36.55 billion outflow in March, and was equivalent to about 47.6 trillion won based on the end-June exchange rate of 1,548.7 won per U.S. dollar.In corporate news, DL Holdings (KRX:000210) was selected as the preferred bidder for the Pyeongtaek Godeok A-69BL and A-71BL integrated public housing project, commissioned by Korea Land and Housing Corporation, according to a Thursday filing with the Korea Exchange.The project has an estimated construction value of 216.9 billion won, including the value added tax. The estimate represents DL Holdings' 33% share of the total contract value of 657.2 billion won, the filing said.Under the project, DL Holdings will build an integrated public housing complex of 1,995 rental and for-sale apartment units, along with related amenities and welfare facilitiesShares of the company fell by 1% at market close.In other news, Hanwha Ocean (KRX:042660) secured an order for the construction of two very large crude carrier (VLCC) vessels worth 394.3 billion won from an unnamed North American shipper, according to a Wednesday filing with the Korean Exchange.Delivery is expected by March 31, 2030, with payments tied to construction milestones.Shares of Hanwha Ocean rose nearly 6% at market close.

^KOSDAQKOSPIKRX:000210KRX:000660KRX:005930KRX:042660
Asia

DL Holdings Named Preferred Bidder for KRW216.9 Billion Public Housing Project

DL Holdings (KRX:000210) was selected as the preferred bidder for the Pyeongtaek Godeok A-69BL and A-71BL integrated public housing project, commissioned by Korea Land and Housing Corporation, according to a Thursday filing with the Korea Exchange.The project has an estimated construction value of 216.9 billion won, including the value added tax. The estimate represents DL Holdings' 33% share of the total contract value of 657.2 billion won, the filing said.Under the project, DL Holdings will build an integrated public housing complex of 1,995 rental and for-sale apartment units, along with related amenities and welfare facilities, it said.

KRX:000210
Asia

DL Holdings Secures KRW283.9 Billion Public Housing Construction Project in Incheon

DL Holdings (KRX:000210) secured a construction order worth 283.9 billion won from Korea Land and Housing Corporation, the builder said in a Friday corporate disclosure.Under the deal, the company will build apartment complexes with a total of 1,697 households, along with auxiliary welfare facilities in Osan 1BL, Incheon Geomdan AA31BL, and Incheon Yeongjong A-57BL and A-63BL.The contract is valid until March 31, 2030.Shares of DL Holdings rose nearly 1% at market close.

KRX:000210
Asia

DL Holdings Secures KRW1 Trillion Construction Order in Seoul

DL Holdings (KRX:000210) secured a construction order worth 1 trillion won from Korea Land and Housing Corporation, the builder said in a Tuesday corporate disclosure.Under the deal, the company will build an apartment complex for 3,574 households, along with auxiliary welfare facilities in Jeungsan-dong, Eunpyeong-gu, Seoul.The contract is valid until Dec. 31, 2033.

KRX:000210

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