Daewoo likely to win $300 mln Angola order -report
SEOUL, Oct 30 (Reuters) - South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd (042660.KS) is likely to win a $300 million order from Angolan state-owned oil firm Sonangol for five tankers, online news outlet eDaily reported on Friday, citing unnamed industry sources.
Daewoo declined to comment.
"There was talk early this morning Daewoo Shipbuilding may be winning the Angola order, and this is an added help to its shares," said Cho In-karp, an analyst at Shinhan Investment Corp.
Shares in Daewoo Shipbuilding jumped 6.7 percent to 16,650 won briefly before trimming gains to 4.8 pct by 0126 GMT.
(Reporting by Kim Yeon-hee, Jungyoun Park and Cho Mee-young; Editing by Jonathan Hopfner)
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