KRX:002460

2 stories mentioning KRX:002460Updated 3h ago

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HS Hwasung Wins KRW55.5 Billion Cheongwon Mansion Small-Scale Reconstruction Project

HS Hwasung (KRX:002460) secured a 55.54 billion won construction contract from the Cheongwon Mansion Small-Scale Reconstruction Project Association, the construction company said in a Tuesday filing with the Korean Exchange.The contract covers the construction of a 37-story apartment complex with two basement levels, comprising 140 residential units and related amenities and welfare facilities in the area of 162 Hwanggeum-dong, Suseong-gu, Daegu Metropolitan City.Construction is expected to take 35 months from the actual commencement date, after the demolition of existing structures and removal of debris at the project site, the filing said.Shares of HS Hwasung fell nearly 2% at market close.

KRX:002460

Asia8h ago

Hwasung Industrial Raises Cheongwon Mansion Redevelopment Contract Value

Hwasung Industrial (KRX:002460) said the contract value for the Cheongwon Mansion Small-Scale Redevelopment and Improvement Project in Daegu, was increased to 55.54 billion won from 54.35 billion won.The project involves constructing 140 apartment units with up to 37 above-ground floors and 2 basement levels, with the land area slightly increased, according to a bourse filing on Tuesday.The construction period has been extended from 33 months to 35 months, measured from the actual commencement date after site clearance.The contract amount and period remain subject to further changes depending on construction progress, and the company had previously disclosed the original contract on Aug. 1, 2022, and July 11, 2024.

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