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[DISCLOSURE] KCC Engineering & Construction (021320) will guarantee a 20 billion won (US$17.4 million) debt of LNS Development, it announced on June 22. This amounts to 6.69 percent of its equity capital.
The construction company will also lend 20 billion won to the developer, it announced in a separate statement.
The construction company will also lend 20 billion won to the developer, it announced in a separate statement.
