HJ Shipbuilding & Construction (KRX:097230) secured a combined cycle power plant construction work contract with Korea Electric Power Corporation (KRX:015760) subsidiary Korea Southern Power.
The deal is valued at 160.20 billion won, HJ Shipbuilding said in a Wednesday corporate disclosure.
Shares of HJ Shipbuilding fell 1% in recent trade while those of Korea Electric Power Corporation rose nearly 3%.
Price (KRW): ₩2385.00, Change: ₩-25, Percent Change: -1.04%