Chinhung International Wins KRW54.4 Billion Daegwang Villa Small-scale Housing Redevelopment Project
Chinhung International (KRX:002780) secured a construction order to build 145 apartment units and associated amenities at the site around 54 Anam-dong 3-ga, Seongbuk-gu, Seoul, according to a Tuesday filing on the Hong Kong Stock Exchange.The contract with Daegwang Villa Street-Housing Redevelopment Project Association is valued at 54.4 billion won. The contract period runs until the end of the month, marking 35 months from the actual start of construction, the filing said.Shares of Chinhung International rose nearly 1% at market close.