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Lotte, Dongbu vow not to follow in Taeyoung's footsteps

As Taeyoung Engineering & Construction (E&C) is going through a rough phase of debt restructuring negotiations, other construction companies are taking proactive moves to explain their liquidity situations, aiming to quell market anxieties over their financial soundness. ....

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Korea to expand liquidity supply programs over Taeyoung E&C's workout application

Taeyoung Engineering & Construction filed for corporate debt restructuring, prompted by a failed payment of 48 billion won ($37 million) on a project financing debt due Thursday. . ....

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Speculation over Taeyoung E&C workout increases concerns of PF crisis

Speculation runs high that Taeyoung Engineering & Construction (Taeyoung E&C) is close to filing for corporate restructuring due to a liquidity crisis triggered by a soured real estate project financing (PF) deal. ....

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