Shinsegae Construction Terminates Supply Contract for New Residential-Commercial Complex Construction in Cheongju
[Asia Economy Reporter Minji Lee] Shin Sigae Construction announced on the 30th that it received a contract termination notice for the new construction of a residential-commercial complex in Bokdae-dong, Cheongju.
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The termination amount is 367.2 billion KRW, which corresponds to 38% of last year's sales. The company explained, "We received the contract termination notice due to the cancellation of the housing construction project approval by Cheongju City."
This content was produced with the assistance of AI translation services.
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