Termination of 177.1 Billion KRW Submarine Cable Supply Contract with Anma Offshore Wind Energy
- Subsidiary LS Cable & System's contract with Anma Offshore Wind Energy for submarine and onshore export cable supply, transport, installation and commissioning has been terminated by the customer
- Termination amount is 177.1 billion KRW, representing 2.62% of LS Cable & System's 2024 consolidated revenue (6.765 trillion KRW)
- The contract period was from July 7, 2025 to May 1, 2028; termination date is April 24, 2026
- The subsidiary accounts for 23.91% of LS Corp's total assets (equity method), limiting direct financial impact on the parent
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: Termination Of A Single Sale And Supply Contract (Major Management Matters Of Subsidiary)
- Company: LS (006260)
- Submission: LS Corp.
- Receipt: 04-27-2026
- Under KRX KOSPI Market Division