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KRX:484870

3 stories mentioning KRX:484870Updated 20d ago

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Asia

MNC Solution, LIG Defense and Aerospace Sign KRW8.3 Billion Towing Winch Supply Contract

MNC Solution (KRX:484870) has secured a supply contract worth 8.3 billion won with LIG Defense and Aerospace (KRX:079550), according to a Friday filing with the Korea Exchange.The contract, which will last until July 23, 2028, involves the development and supply of a towing winch for mine detection.Shares of LIG Defense and Aerospace rose more than 3% in recent trade.

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Asia

MNC Solution Says Majority Stake Sale Talks with Korea Investment Partners Ended

MNC Solution (KRX:484870) said exclusive negotiations with Korea Investment Partners over a potential majority stake sale have ended.The hydraulic part manufacturer confirmed the memorandum of understanding signed with the preferred bidder has expired and talks have been terminated, according to a bourse filing on Tuesday.However, the company noted that it will continue to review various strategic options, including a potential stake sale..

KRX:484870
Asia

MNC Solution Wins KRW26.5 Billion Contract from Hanwha Aerospace

MNC Solution (KRX:484870) secured a contract to revise and take on a new share of work for supplying F100 engine kit components for Egypt from Hanwha Aerospace (KRX:012450), the South Korean industrial company said in a Thursday filing with the Korea Exchange.The contract, valued at 26.5 billion won, is valid till Aug. 28.Shares of MNC Solution fell nearly 4% in recent trade.

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