This is an amended filing · View original →
[Amended] Single Sales/Supply Contract
VAI summary · Not investment advice
Vnect corrected its disclosure of a KRW 0.89942 billion supply contract for an Egypt waste recycling facility project, now stated excluding VAT.
Contract amount
KRW 899.4 million
Key facts
- Recent revenue
- KRW 3.1 billionBased on 2025 consolidated financial statements
- % of revenue
- 29.04%
- Counterparty
- Yooshin Engineering, Korea Engineering Consultants, Dohwa Engineering
- Contract details
- Capacity-building program development/production and related materials purchase/installation within the Cairo, Egypt waste recycling facility construction and technology transfer support project
- Contract period
- Aug 21, 2026 – May 31, 2027
- Contract date
- Aug 21, 2026
Commentary
AI commentary · Not investment advice
What happened
Vunect signed a single sales and supply contract for the capacity-building part of a waste recycling facility construction and technology transfer support project in Cairo Governorate, Egypt. The work covers developing and producing a training program and purchasing and installing related materials. The contract is worth KRW 900.0 million (the summary cites KRW 899.42 million, excluding VAT, as corrected). The counterparties are Yooshin, Korea Engineering Consultants and Dohwa Engineering. The contract date is 2026.08.21, and the term runs from 2026.08.21 to 2027.05.31.
In the company's terms
Relative to the company, the contract amount equals 29.04% of its most recent revenue of KRW 3.1 billion. Against market capitalization, it is stated as 4.4%. The company made 2 filings of the same type over the past year, and earlier filings are dated 2026.08.31 and 2026.08.21.
What changes for shareholders
This disclosure was received on 2026.10.30.
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