Hwaseong Industry Faces One-Month Business Suspension Administrative Sanction... "Will Respond with Cancellation Lawsuit"

[Asia Economy Reporter Won Dara] Hwaseong Industrial announced on the 15th that it has received an administrative disposition of a one-month business suspension for its civil engineering and construction business. The reason for the business suspension is "defective construction below the design standards on major structural parts of the construction work due to intentional or negligent acts."

The company stated, "We plan to respond through a provisional injunction to suspend the execution of the administrative disposition and a lawsuit to cancel the administrative disposition. If the provisional injunction to suspend the execution of the business suspension is accepted, there will be no impact on our business activities until the ruling on the lawsuit to cancel the administrative disposition."

This content was produced with the assistance of AI translation services.