Daewoo Engineering & Construction Co

Saudi plans to acquire South Korea’s Daewoo E&C
Korea Development Bank (KDB), who owns 50.75% of Daewoo E&C, plans to privatise the builder
Daewoo E&C posts net losses of $692m in 2016
The company’s net loss reached $692m (KRW794bn) last year, compared with a profit of $127.4mn

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Construction Week - Issue 765
Jun 29, 2020