[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.'"
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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.
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