- DAIWA securities lowered the target price for Daewoo E&C from KRW 17,000 to KRW 14,000 in June 30
- However, DAIWA securities maintained ´BUY´ from the strong new order recovery in 2nd half
- DAIWA said, from the beginning of the year oversea new order was only KRW 1 trillion, but it will stongly recover.
- Expecting to win a BRASS LNG Project in Nigeria, which is worth USD 4.5 billion
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