South Korea market watchdog looking into Korea Zinc's share issuance plan

Quick Summary:

SEOUL : South Korea's financial market watchdog said on Thursday it acknowledged concerns among investors over a recent decision by Korea Zinc to issue new shares and was looking into the plan to determine if it involved any unfair practices.

FILE PHOTO: The logo of Korea Zinc is pictured during a press conference in Seoul, South Korea, October 22, 2024.

"We will hold the company and related securities brokerage accountable if any unfair trade or misconduct is found," Hahm Yong-il, senior deputy governor of the Financial Supervisory Service, told a briefing.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth Korea

Topics: Unfair Mediacorp Zinc Plan Korea South Experience Seoul Financial Hahm 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 16:03:34 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 175 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23346804

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