The Korea Herald

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Seoul court dismisses Speco’s W5b suit against Shihan E&C

By 윤정현

Published : Aug. 23, 2016 - 18:11

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[DISCLOSURE] Shinhan Engineering & Construction (005450) announced on Aug. 23 that the Seoul Central District Court has dismissed a suit that Speco (013810) filed against the company.

Speco, a road construction plant manufacturer, appealed in October 2015 to request monetary compensation of 5 billion won (US$4.47 million) regarding a material delivery agreement it made with Shinhan E&C.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)