Hyundai Rotem wins KRW 310.34 billion Singapore rail maintenance support contract with LTA

Bitget2026/09/30 07:58

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Hyundai Rotem signed a SGD 291,995,788.15 contract with Singapore’s Land Transport Authority for train maintenance support services.
Contract value converted to KRW 310.34 billion using an exchange rate of 1 SGD = KRW 1,062.83.
Deal equals 5.3% of FY2025 consolidated revenue of KRW 5.84 trillion.
Contract date set for Sept. 30, 2026; term expected to run 30 years from service start.
Payments to be billed based on work progress; no upfront payment specified.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyundai Rotem Co. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930800644), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hyundai Rotem wins KRW 310.34 billion Singapore rail maintenance support contract with LTA

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