Breaking
SA77-year-old executed in Florida as state leads nation in executions this yearARThe death toll from a Burmese air strike on a market in Rakhine State has risen to 50CNWhite Sox defeat Astros 6-3, first draw in Wild Card SeriesAUTeenager dies in car crash, 18-year-old learner driver charged in AdelaideCNThe suspect in the suspected terror attack at Fairford Base in the UK called the police, but the police clarified that no explosive device was foundARKnife attack on two children in Spartanburg results in serious injuries and possible amputationARThe English Premier League condemns Manchester City for financial irregularities and describes it as a disguised financing schemeCNThe Ministry of Commerce responded to the EU's promotion of the European version of the "301" tool: If discriminatory measures are introduced, China will resolutely respondCNA 70-year-old man in Kaohsiung fell on the road, police officers gave him warm support and waited for rescueCNTaiwan’s women’s archery team narrowly lost to China in the semifinals of the Asian Games compound bow and missed the finals to advance to the bronze medal match.SA77-year-old executed in Florida as state leads nation in executions this yearARThe death toll from a Burmese air strike on a market in Rakhine State has risen to 50CNWhite Sox defeat Astros 6-3, first draw in Wild Card SeriesAUTeenager dies in car crash, 18-year-old learner driver charged in AdelaideCNThe suspect in the suspected terror attack at Fairford Base in the UK called the police, but the police clarified that no explosive device was foundARKnife attack on two children in Spartanburg results in serious injuries and possible amputationARThe English Premier League condemns Manchester City for financial irregularities and describes it as a disguised financing schemeCNThe Ministry of Commerce responded to the EU's promotion of the European version of the "301" tool: If discriminatory measures are introduced, China will resolutely respondCNA 70-year-old man in Kaohsiung fell on the road, police officers gave him warm support and waited for rescueCNTaiwan’s women’s archery team narrowly lost to China in the semifinals of the Asian Games compound bow and missed the finals to advance to the bronze medal match.
Newsgather
All StoriesWorldSportsFinanceTechScienceHealthCultureClimatePoliticsSpace
BackDL E&C signs a financial business agreement with 10 financial institutions for the Seongsu District 2 redevelopment project
DL E&C signs a financial business agreement with 10 financial institutions for the Seongsu District 2 redevelopment project
Developing
연합뉴스48 minutes agoBusiness2 min readSouth KoreaView original

DL E&C signs a financial business agreement with 10 financial institutions for the Seongsu District 2 redevelopment project

DL E&CSeongsu District 2redevelopment

Quick Look

  • DL E&C announced that it has signed a 'Premium Finance Business Agreement for Seongsu District 2' with a total of 10 financial institutions, including Korea's five largest commercial banks and five major securities companies, including KB Kookmin Bank, to successfully promote the Seongsu Strategic Development Zone District 2 redevelopment project.
  • It is an agreement to provide differentiated financial information and customized professional financial services to union members.
  • Seongsu District 2 will be built from 6 floors underground to a maximum of 65 floors above ground, and the construction cost is 2.0137 trillion won.

AI-generated summary

Why It Matters

DL E&C was selected as the preferred negotiating party for the Seongsu District 2 redevelopment project, and was the sole bidder for the cooperative's first bid to select a construction company and the second on-site briefing session. The final construction company selection will be confirmed at the general meeting of union members at the end of this year.

Font size

Providing customized professional financial services to members

(Seoul = Yonhap News) Reporter Seo Mi-sook = DL E&C joined hands with leading financial institutions to successfully promote the Seongsu Strategic Development Area District 2 (hereinafter referred to as Seongsu District 2) maintenance project.

DL E&C announced on the 30th that it signed a 'Premium Finance Agreement (MOU) for Seongsu District 2' with a total of 10 financial institutions, including the 5 largest domestic commercial banks (KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, NH Nonghyup Bank) and 5 major securities companies (KB Securities, NH Investment & Securities, Samsung Securities, Korea Investment & Securities, Kiwoom Securities) on the 29th.

This financial agreement is for DL ​​E&C to provide differentiated financial information and customized professional financial services to its members.

DL E&C announced the day before that it had been selected as the preferred negotiating party for the Seongsu District 2 redevelopment project.

At the end of last month, DL E&C independently submitted bids for both the first bid to select a construction company and the second on-site briefing session for the Seongsu District 2 Association. If two rounds of competitive bidding are unsuccessful, the union can select a construction company through a negotiated contract through resolution at the general meeting.

The final construction company selection is expected to be confirmed at the general meeting of union members scheduled for the end of this year.

Seongsu District 2 will be constructed from 6 floors underground to 65 floors above ground, and the construction cost proposed by the union is 2.0137 trillion won.

A DL E&C official said, "Seongsu District 2 is a symbolic project that will lead Seoul's future residential culture beyond a simple redevelopment project. We will focus all our capabilities to promote a successful project, including providing differentiated financial services and premium lifestyle values ​​to members through cooperation with the country's top financial institutions."

What to Watch

AI outlook — possibilities, not facts

  • DL E&C will be selected as the final construction company at the Seongsu District 2 union general meeting.

    Likely · Within months

Open Questions

  • What are the specific contents of the financial business agreement?
  • What are the details of the tailored financial services that will be provided to members?
  • When will the Seongsu District 2 redevelopment project be completed?

Related Topics

DL E&C
PeopleSeo Mi-sook
OrganizationsKB Kookmin BankShinhan BankHana Bank
PlacesSeongsu Strategic Development Area District 2Seoul
TopicsSeongsu District 2redevelopmentfinancial business agreementcommercial bankSecurities companyunion member
This article was originally published by 연합뉴스.

Related Stories

T Map January to August analysis… Daegu ‘Ilgeulchaek’ destination setting increased by more than 300%
Developing·

T Map January to August analysis… Daegu ‘Ilgeulchaek’ destination setting increased by more than 300%

As a result of T Map Mobility's analysis of driving data from January to August of this year, it was found that the number of destination settings for Daegu's independent bookstore 'Ilgeulchaek' increased by more than 300% compared to the same period last year. The number of destinations for bookstores in major neighborhoods across the country has also increased significantly, such as 'Cat Hall' in Tongyeong, Gyeongsangnam-do (151%), 'Bookstore of Duck' in Uljin, Gyeongbuk (147%), and 'Grape Bookstore' in Mokpo, Jeollanam-do (48%). This is believed to be due to the strengthening of the role of bookstores as complex spaces that provide unique cultural experiences such as book talks and reading groups.

연합뉴스
2 min read
Cocktail Funding Judam Loan and Credit Loan Toss Store Opened... Launched in October for people with low credit
Developing·

Cocktail Funding Judam Loan and Credit Loan Toss Store Opened... Launched in October for people with low credit

Toss, operated by Viva Republica, has entered into a strategic partnership with Cocktail Funding to sequentially introduce home mortgage and credit loan products into the Toss loan comparison service. Credit loans for people with low credit are scheduled to be launched in October, and will focus on supporting the financially underprivileged who have difficulty receiving loans due to their credit ratings even though they have collateral or the ability to repay.

연합뉴스
2 min read
LS Eco Energy builds samarium metal production facility in Vietnam… Investment of 11.6 billion won
Developing·

LS Eco Energy builds samarium metal production facility in Vietnam… Investment of 11.6 billion won

LS Eco Energy announced that it will invest 11.6 billion won to build a samarium metal production facility with an annual capacity of approximately 240 tons at the LSCV site in Ho Chi Minh, Vietnam. This metal is a key raw material for SmCo permanent magnets used in fighter planes and missiles. As the United States plans to expand supply chain regulations for SmCo permanent magnets for Department of Defense procurement to the raw material stage starting in 2027, the importance of the non-Chinese samarium supply chain is expected to increase.

연합뉴스
2 min read
Gyeongbuk Startup City Promotion Team launched... 50 organizations participate, challenge ‘Cooperative Startup City’ contest
Developing·

Gyeongbuk Startup City Promotion Team launched... 50 organizations participate, challenge ‘Cooperative Startup City’ contest

Fifty organizations, including Gyeongbuk Province, Gyeongsan, Pohang, and Gumi, have joined forces to launch a startup city promotion team and challenge the Ministry of SMEs and Startups' startup city project as a 'cooperative startup city' model. The goal is to foster 1,000 start-ups and 100 deep-tech start-ups by 2030 and create 10,000 start-up jobs.

연합뉴스
2 min read
More on this topicDL E&C