HDC HOLDINGS CO.,Ltd Selected as contractor for Goyang Neungok District 3 redevelopment, KRW 517.4 billion
HAI summary · Not investment advice
Subsidiary IPARK Hyundai Development was selected as contractor for the Goyang Neungok District 3 redevelopment, with an expected contract value of KRW 517.4 billion.
Commentary
AI commentary · Not investment advice
What happened
HDC HOLDINGS CO.,Ltd's subsidiary IPARK HYUNDAI DEVELOPMENT COMPANY was selected as the builder for the Goyang Neungok District 3 housing redevelopment project. The expected contract amount is KRW 517.4 billion.
In the company's terms
The project covers 16 apartment buildings, from 3 floors underground to 36 floors above ground. It includes 1,258 households plus community facilities.
What changes for shareholders
The expected contract amount equals 12.5% of the subsidiary's recent revenue of KRW 4.1 trillion.
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