Jinhung Corporation Decides on 78.2 Billion KRW Debt Guarantee for Redevelopment General Sale Contract Holders
[Asia Economy Reporter Gong Byung-sun] Jinheung Corporation announced on the 3rd that it has decided to provide a debt guarantee worth 78,238,430,000 KRW to NH Nonghyup Bank and Gyeongnam Bank, who are general sales contract holders for the Ulsan Jung-gu B-05 district housing redevelopment maintenance project.
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This corresponds to 65.83% of its equity capital.
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