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FAQ

  • QCompany InfomationWhat is the business portfolio of HDEC?
    A
    The Company has three (3) main businesses as following: Infrastructure Works, Building/Housing Works, Plant/Energy Works. The Company has a balanced portfolio with domestic and overseas works, and pursues stability in the management and sustainable growth. · Infrastructure Works: tunnel, bridge, road construction, residential land development, steel structure manufacturing and installation, etc. · Building/Housing Works: public buildings, super skyscraper, apartment, etc. · Plant/Energy Works: petrochemical plant, desalination plants, new industry plant, transmission and transformation of electric power construction, nuclear power plant, etc. Details can be referred to the homepage[Business]section.
  • QCompany InfomationHow is the HDEC’s Board of Directors (BoD) organized?
    A
    The BoD is comprised of four (4) outside directors and three (3) inside directors. Outside directors are more than half of total number of the BoD following the relevant Law and regulations. And the Company has three (3) Committees by detail fields under the BoD as following: Audit Committee, Committee for recommending candidates for outside director, Corporate Governance & Communication Committee. The chair of Audit Committee and Corporate Governance & Communication Committee is outside director and the chair of Recommendation Committee on Outside Directors is inside director. The BoD has enhanced effectiveness by delegating partial authority, and assists for the members, who have experiences and professional knowledge, to review agenda and make decision properly. Details can be referred to the homepage[Investor Relations > Corporate Governance]section.
  • QCompany InfomationWhat is the history of HDEC?
    A
    Details of the Company’s history can be referred to the homepage[Company > History]section.
  • QCompany InfomationWhat is the Credit Rating of Hyundai E&C?
    A
    The Company is evaluated by Korean three (3) Credit Rating Agencies (Korea Investors Service, NICE Investors Service, Korea Ratings). As of Dec 2018, the Company has maintained AA- rating. On the other hand, the Company has not been evaluated by any overseas Credit Rating Agency, because the Company doesn’t have plan for overseas financing of funds. Details of Credit rating can be referred to the homepage[Investor Relations > Financial Information > Credit Rating]section.
  • QCompany InfomationWhat is the total number of issued shares and par value of the HDEC’s stocks?
    A
    As of Dec 2017, total number of issued shares is 111,454,621 that is comprised of common shares as 111,355,765 stocks and preferred shares as 98,856 stocks. Par value of each share is 5,000 KRW for both of common and preferred shares. Details of stocks can be referred to the homepage[Investor Relations > Shares Information]section.
  • QCompany InfomationWhat is HDEC’s status of stocks holdings of subsidiaries?
    A
    The Company holds 38.6% stocks of ‘Hyundai Engineering Co., Ltd.’ that has excellence in engineering and construction, 100% stocks of ‘Hyundai Engineering & Steel Industries Co., Ltd.’ that has excellence in steel structure works, 100% stocks of ‘Hyundai City Corporation’ that is carrying forward business such as real estate suppliers of leisure sightseeing and industrial complex, and 95% stocks of ‘Middle East Engineering & Development Co., Ltd.’ which is running a business in Saudi Arabia. Details of status of subsidiaries can be referred to Annual Report of the Company.
  • QCompany InfomationExplain about dividend of the Hyundai E&C.
    A
    The Company has paid dividend after the resolution of Annual General Meeting of shareholders about financial statements including dividend. And date of payment is within one (1) month from the resolution of the AGM. The financial statement of 2017, including dividend, was approved at the 68th AGM on 29th March 2018. And the dividend has been paid to shareholders on 30th April 2018 following the Commercial Law.
  • QCompany InfomationWho are the shareholders of HDEC?
    A
    The common share ownership of HDEC as of the end of 2017 is as following : - Major shareholders and affiliates 34.9% (Hyundai Motor 21%, Hyundai Mobis 8.7%, Kia Motors 5.2%) - Foreign Investors 28.6%, Domestic Institutional and Individual Investors 36.5% Additional information on shareholders can be referred to the homepage[Investor Relations > Shares Information]section.
  • QCompany InfomationWhen does HDEC conduct its end-of-year account closing?
    A
    The financial year ends at the end of December each year. Therefore December 31st is the end date for account closing.
  • QCompany InfomationWhen does HDEC release its quarterly results?
    A
    After account closing of each quarter, the Company releases the quarterly results at the end of the following month. - Typically, 1Q results are announced at the end of April, 2Q results at the end of July, 3Q results at the end of October, and the 4Q results at the end of January the following year.
  • QCompany InfomationWhere can HDEC’s Financial Statements be found?
    A
    The information is in the HDEC homepage under[Investor Relations > Financial Information > Summary of Financial Statements] section. Also, additional information such as business reports and audit reports are uploaded on[Disclosure and IR Library] section.
  • QCompany InfomationWhat are HDEC’s domestic/overseas new order strategies?
    A
    Despite the diminishing domestic market size and cooldown of the domestic housing sector, we strive to win new orders through a sector-oriented new order strategy and detailed analysis on future project costs. Additionally, we have extensive options to participate in a range of domestic in-house and SOC development projects thanks to our superior financial ratios. In the overseas market, we predict market recovery from the rise in oil prices, and are concentrating on bidding for project types that proved to be successful in terms of profitability.
  • QCompany InfomationWhat is the progress on the new Hyundai Motor Headquarters (GBC)?
    A
    We have signed the contract on December 2016 worth KRW 2.6tn(70% HDEC, 30% HEC) for the construction of the new headquarters with the Hyundai Motor Group. The construction design and transportation assessments were approved on December 2017, and January 2018, respectively. After conclusion of the metropolitan development deliberation on June, the project is planned to initiate in the second half of 2018.
  • QCompany InfomationWhat is the business portfolio of HDEC?
    A
    The Company has three (3) main businesses as following: Infrastructure Works, Building/Housing Works, Plant/Energy Works. The Company has a balanced portfolio with domestic and overseas works, and pursues stability in the management and sustainable growth. · Infrastructure Works: tunnel, bridge, road construction, residential land development, steel structure manufacturing and installation, etc. · Building/Housing Works: public buildings, super skyscraper, apartment, etc. · Plant/Energy Works: petrochemical plant, desalination plants, new industry plant, transmission and transformation of electric power construction, nuclear power plant, etc. Details can be referred to the homepage[Business]section.
  • QCompany InfomationHow is the HDEC’s Board of Directors (BoD) organized?
    A
    The BoD is comprised of four (4) outside directors and three (3) inside directors. Outside directors are more than half of total number of the BoD following the relevant Law and regulations. And the Company has three (3) Committees by detail fields under the BoD as following: Audit Committee, Committee for recommending candidates for outside director, Corporate Governance & Communication Committee. The chair of Audit Committee and Corporate Governance & Communication Committee is outside director and the chair of Recommendation Committee on Outside Directors is inside director. The BoD has enhanced effectiveness by delegating partial authority, and assists for the members, who have experiences and professional knowledge, to review agenda and make decision properly. Details can be referred to the homepage[Investor Relations > Corporate Governance]section.
  • QCompany InfomationWhat is the history of HDEC?
    A
    Details of the Company’s history can be referred to the homepage[Company > History]section.
  • QCompany InfomationWhat is the Credit Rating of Hyundai E&C?
    A
    The Company is evaluated by Korean three (3) Credit Rating Agencies (Korea Investors Service, NICE Investors Service, Korea Ratings). As of Dec 2018, the Company has maintained AA- rating. On the other hand, the Company has not been evaluated by any overseas Credit Rating Agency, because the Company doesn’t have plan for overseas financing of funds. Details of Credit rating can be referred to the homepage[Investor Relations > Financial Information > Credit Rating]section.
  • QSharesWhat is the total number of issued shares and par value of the HDEC’s stocks?
  • QSharesWhat is HDEC’s status of stocks holdings of subsidiaries?
  • QSharesExplain about dividend of the Hyundai E&C.
  • QSharesWho are the shareholders of HDEC?
  • QNew OrdersWhat are HDEC’s domestic/overseas new order strategies?
    A
    Despite the diminishing domestic market size and cooldown of the domestic housing sector, we strive to win new orders through a sector-oriented new order strategy and detailed analysis on future project costs. Additionally, we have extensive options to participate in a range of domestic in-house and SOC development projects thanks to our superior financial ratios. In the overseas market, we predict market recovery from the rise in oil prices, and are concentrating on bidding for project types that proved to be successful in terms of profitability.
  • QOthersWhat is the progress on the new Hyundai Motor Headquarters (GBC)?
    A
    We have signed the contract on December 2016 worth KRW 2.6tn(70% HDEC, 30% HEC) for the construction of the new headquarters with the Hyundai Motor Group. The construction design and transportation assessments were approved on December 2017, and January 2018, respectively. After conclusion of the metropolitan development deliberation on June, the project is planned to initiate in the second half of 2018.