ID :
44857
Mon, 02/09/2009 - 13:35
Auther :

Hyundai Engineering wins 455 bln won order for office building

SEOUL, Feb. 9 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's third-largest builder, said Monday that it has won an order valued at 455 billion won (US$330 million) to build an office building in Singapore.

The deal with MGP Berth Pte. Ltd. calls on Hyundai Engineering to build a
43-story building over the next 30 months, it said in a regulatory filing.
Shares of Hyundai Engineering were trading at 59,500 won on the Seoul bourse as
of 1:50 p.m., up 3.66 percent.
The builder's profits rose 37 percent last year to 380 billion won on increased
sales, reaching a record 7.27 trillion won.

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