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Kumho Industrial signs US$68.7m contract to build apartments

June 30, 2016 - 10:44 By 황유미
[DISCLOSURE] Kumho Industrial (002990) has signed a 79.6 billion won (US$68.7 million) contract to build apartment buildings in Yangju, Gyeonggi Province, with a real estate investment company for public rental housing funded by Korea Land & Housing and National Housing and Urban Fund, it announced on June 30. This amounts to 5.2 percent of its recent revenue.