Korean construction company Ssangyong Engineering & Construction - TopicsExpress

Korean construction company Ssangyong Engineering & Construction Co. has filed for bankruptcy. The company was in charge of several building projects in Singapore including some stations of the Downtown line stage 2. According to Korean news site Chosun, Ssangyong had been struggling with large debts for over 10 months and finally filed for court receivership on Monday. Read on to find out more.

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