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KRX:028260

6 stories mentioning KRX:028260Updated just now

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Asia

Samsung C&T Extends Qatar Solar Plant Contract Deadline to June 2030

Samsung C&T (KRX:028260) has revised the contract period for its Qatar Dukhan Solar Power Plant project, extending the end date from Feb. 28, 2030 to June 30, 2030.The revision was filed on Aug. 19, with the original contract disclosure submitted on Dec. 12, 2025, according to a bourse filing on Thursday.The 2,000MW solar plant contract, awarded by QatarEnergy, is valued at 1.54 trillion won, representing 3.66% of Samsung C&T's 2024 consolidated sales.The project involves engineering, procurement, installation and commissioning of the solar facility, with billing and payment based on construction progress.

KRX:028260
Asia

Market Chatter: Samsung C&T and Erex Partner on 110-MW Biomass Plant for Data Center Demand

Samsung C&T (KRX:028260) and Erex (TYO:9517) agreed to build a biomass facility in Niigata, targeting a fiscal 2029 startup with possible expansion from 2030, supported by a government revenue-guarantee program, Nikkei Asia reported on Friday.The venture will establish a special-purpose company and utilize both partners' Southeast Asian networks to secure palm kernel shells and wood pellets as carbon-neutral fuel sources, the news daily reported.This project aims to stabilize renewable grids amid rising data center electricity needs while contributing to Japan's clean energy targets, the publication said.Samsung C&T and Erex did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:028260TYO:9517
Asia

Samsung C&T Q2 Net Attributable Income Rises 69%; Sales Up 20%

Samsung C&T (KRX:028260) posted a 68.8% year-over-year rise in net income attributable to shareholders of the parent to 595.46 billion won for the second quarter ended June 30 from 352.69 billion won.Sales jumped 19.7% to 11.995 trillion won from 10.022 trillion won, according to a Wednesday filing with the Korea Exchange.

KRX:028260
Asia

Samsung Biologics Sets Settlement Date for KRW2.7 Trillion PolyPeptide Acquisition

The acquisition of Switzerland's PolyPeptide Group by Samsung Biologics (KRX:207940) is scheduled for settlement on Nov. 30, under a cash tender offer valued at 2.706 trillion won.The board-approved plan targets 33 million shares, representing a 100% stake, according to parent Samsung C&T's (KRX:028260) bourse filing on Tuesday.The target's largest shareholder, Draupnir Holding, has already committed to tendering its 55.65% stake, though the offer hinges on a minimum tender condition of roughly two-thirds of the fully diluted share capital.

KRX:028260KRX:207940
Asia

Shinsung Secures KRW21 Billion Construction Contract in Korea

Shinsung E&G (KRX:011930) secured a 21.42 billion won construction contract from Samsung C&T Corporation (KRX:028260) for the P5 Phase 1 S/C Construction project in Pyeongtaek, Gyeonggi Province, South Korea.The order represents 3.77% of its consolidated 2025 revenue of 567.45 billion won. It is scheduled to be completed on Sept. 30, 2027, according to a Tuesday filing with the Korea Exchange.

KRX:011930KRX:028260
Asia

Favelle Favco Unit Bags MYR504 Million Offshore, Tower Cranes Supply Deals

Favelle Favco (KLSE:FAVCO) unit, Favelle Favco Cranes (M) secured purchase orders and a letter of intent worth about 504 million ringgit to supply offshore and tower cranes, according to a Thursday Malaysian bourse filing.The contracts include offshore crane orders from Floating Production Solutions, and Dialog E&C, both scheduled for delivery by the second quarter of 2027.It also received a tower crane order from Samsung C & T (KRX:028260), with deliveries running from the end of 2026 through the second quarter of 2027.Favelle Favco said a significant share of the new orders is tied to customers' investments in AI-related infrastructure.

KLSE:FAVCOKRX:028260

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