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KRX:375500

5 stories mentioning KRX:375500Updated 40d ago

Every FINWIRES story that references KRX:375500, newest first.

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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