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KRX:375500

9 stories mentioning KRX:375500Updated 21d ago

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Asia

DL E&C Secures 244.1 Billion Won Power Plant Construction Contract in South Korea

DL E&C (KRX:375500) secured a 244.1 billion won construction contract for the Cogeneration Power Plant project in Asan, South Korea, according to a Thursday filing with the Korea Exchange.The contract, signed with the Korea West Power consortium, covers the construction of a 500-megawatt cogeneration power plant.The construction is scheduled to start on April 30, 2027, with completion expected on April 30, 2030, and payments will be billed and settled every 30 days.

KRX:375500
Asia

DL E&C Secures KRW244.1 Billion Contract for Thermal Power Plant Construction

DL E&C (KRX:375500) has secured a construction order worth 244.1 billion won for a combined thermal power plant in Asan, South Korea, according to a Monday filing with the Korea Exchange.The contract, signed with the Korea West Power Generation-led consortium, covers the construction of a 500-megawatt combined heat and power plant.The contract will run for three years, beginning on April 30, 2027.

KRX:375500
Asia

DL E&C Secures KRW245 Billion Power Plant Construction Contract

DL Holdings (KRX:000210) unit DL E&C (KRX:375500) secured a 245.4 billion won construction contract for a power project with the Korea Western Power-led consortium, according to a Wednesday filing with the Korea Exchange.The project involves the construction of a 500-megawatt combined heat and power plant in Asan, South Korea, with a total project cost of 287.2 billion and DL E&C holding an 85% share of the construction cost.

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Asia

DL E&C Selected as Preferred Bidder for KRW245 Billion Asan CHP Plant Project

DL E&C (KRX:375500) was selected as the preferred bidder for the Asan combined heat and power (CHP) plant construction project, via a consortium led by Korea Electric Power Corporation (KRX:015760) subsidiary Korea Western Power, according to a Thursday filing with the Korea Exchange.The project involves the construction of a 500-megawatt-class CHP plant, with the firm's 85% share of the construction cost, excluding the value added tax, being valued at 245.4 billion won, it said.Shares of Korea Electric Power fell nearly 7% at market close.

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Asia

DL E&C Receives KRW853.3 Billion Tax Notice from Saudi Arabia

DL E&C (KRX:375500) received a notice from the Saudi Arabian tax authority seeking corporate levy of 853.3 billion won, according to a Tuesday filing with the Korean Exchange.The tax notice is related to the company's engineering and procurement services performed in Korea for Saudi clients between 2006 and 2019."Despite the fact that the design and procurement services were performed in Korea, the Saudi tax authority unilaterally deemed that the services were performed through a permanent establishment formed locally in Saudi Arabia," DL E&C said.The South Korean construction firm said it will consider legal means to challenge the tax imposition.

KRX:375500
Asia

DL E&C Provides KRW180 Billion Guarantee for Reconstruction Project

DL & C (KRX:375500) has approved a 180 billion won debt guarantee for the Dogok-Gaepo Hanshin Apartment Housing Reconstruction Project Association, according to a Korean bourse filing on Tuesday.The guarantee covers a 150 billion loan from five institutions, and will run up till April 1, 2031.

KRX:375500
Asia

DL E&C Wins Jeju Clean Energy Power Plant Equipment Order from Korea East-West Power

DL E&C (KRX:375500) secured a conditional purchase order of the Jeju clean energy combined cycle power plant power block and auxiliary facilities from Korea Electric Power Corporation (KRX:015760) subsidiary Korea East-West Power.The order, valued at 499.9 billion won, is valid till Apr. 30, 2030, the construction company said in a Friday filing with the Korea Exchange.Shares of DL E&C rose nearly 1% at market close, while those of Korea Electric Power Corporation fell nearly 2%.

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Asia

DL E&C Reports Worker Fatality at S-Oil's Shaheen Project in Ulsan

DL E&C (KRX:375500) disclosed the death of a worker at S-Oil's (KRX: 010950) Shaheen petrochemical project in Ulsan, according to a Tuesday regulatory filing with the Korea Exchange.DL E&C is part of a consortium, alongside Hyundai E&C and Hyundai Engineering, responsible for carrying out the project's core Package One. This phase covers the construction of the site's steam cracker and thermal crude-to-chemicals facilities.The worker's body was discovered seated at the very bottom of a drum at the construction site. Local police and the Ministry of Employment and Labor are expected to conduct an on-site inspection and establish measures to prevent a recurrence, the filing said.Shares of DL E&C and S-Oil rose more than 1% in recent trade.

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Asia

DL E&C to Build Korean Reinsurance's HQ Building for KRW362 Billion

DL E&C (KRX:375500) secured a contract for the construction of Korean Reinsurance Company's new headquarters building.The order, valued at 362 billion won, is valid till June 27, 2030, the construction company said in a Friday filing with the Korea Exchange.Shares of DL E&C fell 2% in recent trade.

KRX:375500

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