[Featured Stock] SG, President Yoon Announces "3.4 Trillion KRW Yeongilman Expressway Project"... Highlighting Ascon as Korea's No.1
SG is showing strong performance. It is interpreted that this is influenced by President Yoon Seok-yeol's announcement to promote the construction of the Yeongilman Transversal Expressway.
As of 1:25 PM on the 20th, SG is trading at 1,401 KRW, up 7.11% compared to the previous day.
On the same day, President Yoon presided over the 26th Livelihood Discussion Forum at Yeungnam University in Gyeongsan, Gyeongbuk, stating, "We will quickly promote the construction of the Yeongilman Transversal Expressway, which is worth 3.4 trillion KRW," and added, "We will also accelerate the construction of the Seongju-Daegu expressway to connect Gyeongbuk and the entire country within a '2-hour living zone.'"
Hot Picks Today
"I Might End Up Paying My Entire Salary Just for Interest"... Annual Per-Person Interest Could Reach 6.73 Million Won, 'Yeongkeul-jok' Lament
- Gwangju Abuzz Over Choi Tae-won's Instagram Follow: "Chairman, Are You Craving Jeolla Cuisine?"
- "Will I Really Be Left Out If I Don't Use It?"... The App Used by 23 Million Koreans Monthly, Is Naver Feeling the Pressure?
- Jensen Huang: "SK hynix ADR Is Incredibly Successful"
- Amid Record Heatwave and 'Delivery Ban' Orders, Italian Riders Strike: "Die from Heat or Starve"
Meanwhile, SG is the number one domestic asphalt concrete (ascon) provider, currently supplying ascon to the Second Gyeongbu Expressway, Seoul Metropolitan Government's road projects, and bus-only lanes. Recently, it has also actively expanded overseas by signing a supply contract for road reconstruction in Ukraine.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
