Injunction Granted to Suspend Redevelopment Contract Termination, Constructor Status Restored
- DL's subsidiary DL E&C received a court injunction on 2026.04.29 suspending the termination notice (issued 2026.04.11) for the Sangdae-won 2 district housing redevelopment project (contract value 984.9 billion KRW, 13.3% of 2025 consolidated revenue), temporarily restoring its constructor status.
- The court suspended the effect of the union's resolution and contract termination; DL E&C will continue legal proceedings including the main suit.
- The contract amount excludes VAT; the project had significantly progressed (demolition completed) since DL E&C was selected as constructor in 2015 before the union's termination decision.
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KOSPI Filing Information
- Filing: [Correction of Description] Termination of Single Sales/Supply Contract (Major Management Matters of Subsidiary)
- Company: DL Holdings (000210)
- Submission: DL Holdings CO.,LTD
- Receipt: 04-29-2026
- Under KRX KOSPI Market Division