[E-Daily Reporter Kwon Oh Seok ] LONGTU KOREA Inc.(060240)announced on the 9th that it has fallen behind on principal and interest payments on a loan. The principal amount is 3 billion won, and the interest is approximately 63.49 million won, bringing the total amount in arrears to 3.06349 billion won. The company explained, “Due to internal financial circumstances, we were unable to make the interest payment, resulting in the loss of the benefit of the term, and accordingly, we received a notice from the creditor, Sangsangin Co., Ltd..” It added, “We plan to repay the overdue principal and interest as soon as possible once our financial situation improves.”
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STACO LINK Faces Delinquency on Principal and Interest Payments for 3.1 Billion Loan
Kwon Oh Seok
2026-07-09 16:28:58
Economy
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