[Special Stock] GS Construction Plunges 15% Amid 'Underground Parking Lot Collapse Accident'
On the 6th, GS Construction is weak.
As of 9:20 AM on the same day, GS Construction's stock price is trading at 15,300 KRW, down 15.14% from the previous trading day.
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This is interpreted as a fallout from the Ministry of Land, Infrastructure and Transport's announcement the day before that the collapse of the underground parking lot at the apartment complex in Geomdan New Town, Incheon, was due to poor design and other deficiencies. GS Construction announced that it will reconstruct the entire Geomdan complex where the accident occurred. Industry insiders speculate that the cost of reconstruction could reach 1 trillion KRW.
This content was produced with the assistance of AI translation services.
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