Debt Guarantee for Seongseong Development Extended by 3 Months; Total Guarantee Balance Reduced to KRW 2.0 Trillion
- HDC (via subsidiary I-Park Hyundai Industrial Development) extended the debt guarantee period for Seongseong Development by 3 months from May 20, 2026 to August 20, 2026, with the guarantee amount of KRW 103 billion.
- After the correction, total guarantee balance decreased from KRW 2.7247 trillion to KRW 1.9955 trillion (PF guarantee limit: KRW 2.0339 trillion to 1.3449 trillion, general guarantee limit: KRW 690.8 billion to 650.7 billion).
- Debtor Seongseong Development is in a capital impairment state with total equity of KRW 3.574 billion and net loss of KRW 3.058 billion, indicating weak financial health.
- PF-related guarantee balance stands at KRW 1.3449 trillion with unused limit of KRW 140.1 billion.
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KOSPI Filing Information
- Filing: [Correction of Description] Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)
- Company: HDC HOLDINGS (012630)
- Submission: HDC HOLDINGS CO., Ltd
- Receipt: 05-18-2026
- Under KRX KOSPI Market Division