Decision on Debt Guarantee for Others (Win&Win Development KRW 63 billion)
Guarantee decision for Win&Win Development's KRW 63 billion debt as credit enhancement for a project where SGC E&C is the constructor (refinancing of a February 2023 disclosure).
Guarantee amount: KRW 63 billion, 8.3% of equity (KRW 759.2 billion), guarantee period: 2026-05-08 to 2027-05-06 (12 months).
Debtor's financials: total assets KRW 138,464 million, total liabilities KRW 139,137 million, total equity -KRW 673 million (capital impairment), net loss KRW 1,307 million (vs net profit KRW 242 million previous year).
Total outstanding guarantees: KRW 545.86 billion (12 cases), including guarantees for affiliate SGC E&C.