Korea Zinc's $1.8 billion share sale plan suspended due to regulator's revision order

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SEOUL : Korea Zinc's new share sale plan, which was announced on Oct 30 and worth around $1.8 billion, has been suspended due to a revision order by the South Korean financial regulator, a regulatory filing said on Wednesday.

Korea Zinc's $1.Korea Zinc's $1.Korea Zinc's $1.

The world's top zinc refiner said on Oct 30 it planned to issue new stock worth about $1.8 billion just two days after it bought back shares at a higher price.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth Korea

Topics: Shares Sale Billion Process Plan Zinc Seoul Share Filing Korea

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 10:09:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23440689

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