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WONIK HOLDINGS CO.,LTD. Correction to Linde Korea semiconductor specialty gas EPC contract, end date changed to Aug 31, 2028

WONIK HOLDINGS CO.,LTD.· Single Sales/Supply ContractAmended

AI summary · Not investment advice

The end date of the semiconductor specialty gas construction contract with Linde Korea changed from April 30, 2028 to August 31, 2028, and the contract amount was withheld.

Key facts

Counterparty
Linde Korea Co., Ltd.
Contract details
EPC Turn-key construction for supply of specialty gases for semiconductors
Contract period
2025-12-17 ~ 2028-08-31End date changed from 2028-04-30 to 2028-08-31
Recent revenue
KRW 623.0 billionBased on consolidated financial statements at end of 2025
Contract date
Dec 17, 2025Date of initial contract signing
Supply region
Domestic (Korea)
Disclosure deferral
Contract amount disclosure withheld for confidentiality of management

Commentary

AI commentary · Not investment advice

What happened

Wonik Holdings changed the term of its contract with Linde Korea Co., Ltd. The contract is an EPC turn-key job (design and construction handled together) for specialty gas supply facilities for semiconductors. The end date moved from April 30, 2028 to August 31, 2028. The sales region is domestic. The company chose not to disclose the contract amount.

In the company's terms

The company's sales over the past year were KRW 622.99 billion. Because the contract amount is withheld, the materials do not show how large the contract is compared with those sales.

What changes for shareholders

Payment is split into two advance payments and progress-based payments. The 1st advance is KRW 40.0 billion, excluding VAT, due within 14 days of signing. The 2nd advance is KRW 45.0 billion, excluding VAT, due within 60 days of signing. Other payments are due within 60 days of each tax invoice, issued as work progresses. Any extra advance from an increased amount is due within 15 days of the change. Progress payments are made without deducting the advances.

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