Hyosung Heavy Selected as Contractor for 542.8B KRW Redevelopment
- Hyosung Heavy Industries selected as contractor for the 'Dapsimni Auto Parts Mall Urban Redevelopment Project'
- Expected contract amount: 542,797,112,000 KRW (excluding VAT, approx. 542.8 billion KRW)
- Amount equals 9.09% of 2025 consolidated sales of 5,968,511,616,609 KRW
- Construction period: 57 months from actual start date (approx. 4.75 years)
- Project overview: Construction of retail facilities, neighborhood living facilities, multi-family housing, and officetels in Dapsimni-dong, Dongdaemun-gu, Seoul
- Final details to be disclosed upon contract signing
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KOSPI Filing Information
- Filing: Investment Decision Related Key Management Matters
- Company: Hyosung Heavy Industries (298040)
- Submission: Hyosung Heavy Industries Corporation
- Receipt: 05-11-2026
- Under KRX KOSPI Market Division