Hwasung Industrial (002460) said on Oct. 24 that it has signed a deal worth 298.1 billion won (US$254.5 million) with a housing redevelopment association regarding a redevelopment project in Daegu. The deal amounts to 60.2 percent of the firm’s revenue in 2015 and the construction is to be completed within 30 months.  By Jung Min-kyung (mkj1105@heraldcorp.com)