Daewoo E&C to guarantee US$75.9m loan for building unit owners

Published : Jul 5, 2016 - 17:31 Updated : Jul 5, 2016 - 17:31

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[DISCLOSURE] Daewoo Engineering & Construction (047040) will guarantee a 87.1 billion won (US$75.9 million) loan for those who purchased units of its building in Dongtan, Gyeonggi Province, the company announced on July 5. This amounts to 3.08 percent of its equity capital.

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