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KRX:294870

7 stories mentioning KRX:294870Updated just now

Every FINWIRES story that references KRX:294870, newest first.

Treasury

IPARK Hyundai Development Approves KRW108 Billion Debt Guarantee to Seongsung Development

HDC (KRX:012630) said its unit IPARK Hyundai Development Company (KRX:294870) will provide a 108 billion won debt guarantee for Seongsung Development, according to a Tuesday filing with the Korean Exchange.The South Korea-based real estate company said the guarantee covers loans from KB Insurance and other creditors and represents 3.4% of its equity capital.The guarantee will run between Aug. 20, 2026, and Jan. 20, 2030.

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Asia

Worker Dies After Wasp Sting at Hyundai IPark Construction Site

Ipark Hyundai Development (KRX:294870) said a worker has died following a wasp sting at the Neunggok District 5 housing redevelopment project site, according to a serious industrial accident filing on Tuesday.The accident occurred on July 24, when the worker, who was installing dust and falling object prevention measures on scaffolding, was stung by a wasp inside a scaffold pipe and subsequently fell unconscious due to breathing difficulties.The worker passed away on Aug. 8, while receiving treatment, with the company reporting the incident to the Ministry of Employment and Labor on the same day.

KRX:294870
Asia

IPark Hyundai Development Secures KRW353 Billion Housing Redevelopment Contract

IPark Hyundai Development (KRX:294870) secured a housing redevelopment contract worth 353.3 billion won, according to a Tuesday filing with the Korean Exchange.The project is in the Daedong District in Daejeon, South Korea.The contract will run for 38 months, beginning from the actual start date of construction. Under the scope of work, 20 apartment buildings with 2,213 units, along with related auxiliary and welfare facilities, will be built, the filing said.Shares of IPark Hyundai Development fell over 1% in recent trade.

KRX:294870
Asia

Ipark Hyundai Development Secures KRW140.3 Billion Road Construction Project

Ipark Hyundai Development (KRX:294870) has secured an order for the second Gyeongchun national highway road construction project, according to a Tuesday filing with the Korea Exchange.The contract amounts to 140.3 billion won and is effective until Aug. 29, 2033.The project involves a 6.89 kilometer extension in the area of Daeseong-ri, including 10 bridges and six tunnels, among others.

KRX:294870
Asia

HDC Hyundai Development Company Wins KRW 140 3 Billion Won Highway Project in Gyeonggi Province

HDC Hyundai Development Company (KRX:294870) has been selected as the winning bidder for Section 2 of the 2nd Gyeongchun National Highway project, valued at 140.3 billion won for the company's 60% share.The 6.89-kilometer stretch between Namyangju and Chuncheon includes ten bridges and six tunnels, with the selection confirmed on Aug. 3, according to a bourse filing on Wednesday.This contract represents approximately 3.4% of the company's 2025 consolidated sales of 4.147 trillion won.The final amount remains subject to change upon contract execution, with further details to be disclosed later.

KRX:294870
Asia

IPark Hyundai Development Wins KRW377.7 Billion Oncheon 5 District Housing Redevelopment Project

IPark Hyundai Development (KRX:294870) secured a construction order to build six apartment buildings at 1466-32, Oncheon-dong, Dongnae-gu, Busan, according to a Tuesday filing on the Hong Kong Stock Exchange.The contract with Oncheon 5 District Housing Redevelopment Association is valued at 377.7 billion won. The contract period runs until the end of the month, marking 38 months from the actual start of construction, the filing said.Shares of IPark Hyundai Development fell 7% at market close.

KRX:294870
Asia

IPark Hyundai Development Clinches KRW298 Billion Construction Deal

IPark Hyundai Development (KRX:294870) secured a 297.6 billion won contract to build a heavy ion therapy center at Asan Medical Center, according to a Friday filing with the Korea Exchange.The project is scheduled for completion within 62 months from the start of construction, the filing said.Shares of the contractor rose 3% at market close.

KRX:294870

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