Sangji Construction faces court bid seeking KRW 4.02 billion property handover injunction in Seoul Central District Court

Bitget2026/09/28 08:58

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Sangji Construction faces an injunction case at Seoul Central District Court over the handover of a 244.95㎡ second-floor unit.
Korea Land Trust seeks delivery of the property, entry restrictions, public notice, and KRW 10,000,000 per violation.
Claim amount set at KRW 4.02 billion, equal to 4.04% of equity of KRW 99.47 billion.
Dispute stems from delayed payment of construction retainage, prompting Sangji to assert a lien on one building.
Application filed Sept. 10, 2026; Sangji confirmed receipt of the hearing notice Sept. 28, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sangji Construction Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260928900800), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sangji Construction faces court bid seeking KRW 4.02 billion property handover injunction in Seoul Central District Court

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