Asia
Iljin Electric Wins KRW108.7 Billion Contract to Supply and Install Power Cables
South Korea's Iljin Electric (KRX:103590) secured a contract to supply and install 230 kilovolts power cables, auxiliary cables, and accessories from Singapore's SP Group, according to a Tuesday filing with the Korean Exchange.The contract, valued at 108.7 billion won, is valid till Dec. 31, 2028.Shares of Iljin Electric fell more than 2% at market close.
KRX:103590
