#Taeyoung

Total Articles:
13
Cash-strapped Taeyoung E&C’s stock trading suspended
Cash-strapped Taeyoung E&C's stock trading suspended
Taeyoung Engineering & Construction, a South Korean builder facing financial difficulties and undergoing corporate restructuring, has announced on Mar. 13. ...
2024.03.14(Thu)
|Shin Su-ji, Lee So-yeon
Cash-strapped Taeyoung E&C grapples with real estate project clean-up
Taeyoung Engineering & Construction, a cash-strapped South Korean builder that applied for a debt restructuring with its creditors last December, is struggl...
2024.03.07(Thu)
|Kim You Jin, Lee Jae-eun
Exclusive: Creditors eye new 400 bn won support for Taeyoung E&C
The banking sector is considering providing 400 billion won in new funds as operational capital for Taeyoung Engineering & Construction (E&C), which is ...
2024.02.15(Thu)
|Hwang Ji-yoon, Kim Seo-young
Liquidity crunch plagues South Korea's construction sector
Taeyoung Engineering & Construction, a South Korean midsized builder facing a liquidity crisis, initiated its debt-restructuring program on Jan. 12. This ha...
2024.01.16(Tue)
|Jung Soon Woo, Shin Suji, Lee Jae-eun
Taeyoung wins vote, initiates restructuring for normalization
Taeyoung Engineering & Construction, which has heightened the risk of additional project finance (PF) crises in South Korea, garnered approval from creditor...
2024.01.12(Fri)
|Kim Eun-jung, Ahn Joong-hyun, Shin Su-ji, Park Su-hyeon
Decision reached on Taeyoung E&C's workout
Creditors of Taeyoung Engineering & Construction Co. voted on Jan. 11 to allow the debt-ridden company to move forward with a restructuring program. As the ...
2024.01.12(Fri)
|Kim Eun-jung, Ahn Joong-hyun, Shin Su-ji, Lee So-yeon
South Korea faces real estate PF risks despite Taeyoung's self-rescue plan
Taeyoung Group, the parent company of debt-ridden South Korean builder Taeyoung Engineering & Construction (E&C), pledged to offer stakes in holding com...
2024.01.10(Wed)
|Jung Soon-Woo, Lee Jae-eun
Taeyoung Group commits to additional steps in Taeyoung E&C restructuring
Taeyoung Group, currently undergoing a workout process for Taeyoung E&C, has pledged to sell other affiliates and offer additional collateral beyond its exi...
2024.01.09(Tue)
|Shin Su-ji, Yeom Hyun-a
FSS urges sincere efforts from Taeyoung for restructuring
Governor Lee Bok-hyun of the Financial Supervisory Service on Jan. 9 commented on Taeyoung Group and its major shareholders’ efforts to initiate the corporate r...
2024.01.09(Tue)
|Kim You-jin, Mun Su-bin, Lee Jung-soo
Taeyoung set to unveil new self-rescue plan as early as today
Taeyoung Group is expected to announce new self-rescue measures as early as Jan. 8 to support its ailing subsidiary, Taeyoung E&C, following its application...
2024.01.08(Mon)
|Kim Eun-jung, Shin Su-ji, Lee Jung-soo
Taeyoung E&C files for debt restructuring
Taeyoung Engineering & Construction filed for a debt restructuring program on Dec. 28 after failing to repay its real estate project financing (PF) loan. Ex...
2023.12.28(Thu)
|Lee Sung-Hoon, Jung Soon-Woo, Jo Eun-Im, Lee Jae-eun
S. Korean Banks face potential losses over Taeyoung E&C's debt workout
S. Korean Banks face potential losses after Taeyoung E&C, a South Korean construction firm ranked 16th, filed a debt workout on Dec. 28. Financial instituti...
2023.12.28(Thu)
|Kim You-jin, Lee Jung-soo
Taeyoung Group's 90-year-old founder returns to rescue company in crisis
Yoon Se-young, the founder of Taeyoung Group and SBS, is returning to the management as the Chief Executive Officer (CEO) after a five-year hiatus. At the age o...
2023.12.21(Thu)
|Lee Sung-hoon, Shin Su-ji, Park Su-hyeon
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