Namgwang Construction Decides to Guarantee 10.2 Billion KRW Loan for Incheon Gyeongseo Housing Association
[Asia Economy Reporter Park Jihwan] Namgwang Construction announced on the 14th that it has decided to provide joint guarantee for the 10.2 billion KRW interim loan borrowed by the Incheon Gyeongseo Regional Housing Association members from Jeonbuk Bank. The amount of debt guarantee is approximately 20.73% of the company's consolidated equity as of the end of 2018.
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