Shin Dong-A Engineering & Construction canceled recruitment of residents in the Geomdan New Town Family.

Shin Dong-A Engineering & Construction Co., which applied for corporate rehabilitation procedures to the court, canceled the announcement of recruiting residents of the "Family Elif" apartment building, which was planned to be built in Geomdan New Town, Incheon.

Shin Dong-A Engineering & Construction announced on the Family Elif website that it will cancel the recruitment announcement due to the business entity's circumstances.

Shin Dong-A Construction was scheduled to announce the winner of the subscription today (8th), but as the tenant recruitment notice itself was canceled, existing subscribers can subscribe to other complexes in the future.

As the project is also guaranteed for the sale of the Housing and Urban Guarantee Corporation, the apartment construction itself is expected to continue.

The new Gumdan New Town Familie Elif was promoted to build apartments and auxiliary facilities with 3 basement floors, up to 15 floors above ground, and 669 households in the AA32 block of Majeon-dong.