Taeyoung Construction Decides on 50 Billion KRW Debt Guarantee for Affiliate GM Park

[Asia Economy Reporter Minwoo Lee] Taeyoung Construction announced on the 18th that it has decided to provide a debt guarantee of 50 billion KRW to its affiliate GM Park. This amount corresponds to 7.99% of its equity capital based on the consolidated financial statements for the third quarter of last year.