Hanshin Gongyeong Decides to Increase Short-Term Borrowings by 64 Billion KRW

[Asia Economy Reporter Lee Gwan-joo] Hanshin Engineering & Construction announced on the 26th an increase in short-term borrowings. The borrowing amount is 64 billion KRW, which is 12.5% of the company's equity capital. The company stated that the purpose of the borrowing is "purchase of multi-family housing land (self-operated project) within the Pohang Convergence Technology Industrial Complex, etc."