S.Korea's Ottogi soars on President Moon's invite for business talk

Otoki

24/07/2017 01:21

** South Korea's ready-meal maker Ottogi Corp  007310.KS  
surges as much as 19 pct, its highest since June 14  
    ** Stock soars after the company was invited to high-level 
business talk with President Moon Jae-in  
    ** Stock set for biggest intraday pct gain since Aug 10, 
2015 
    ** Fourteen corporate groups, including Ottogi Corp, are to 
attend the business meeting and will discuss diverse business 
issues such as generating jobs, said Park Su-hyun, Blue House 
spokesman  
    ** Ottogi Corp is the only corporate that is not one of the 
South Korea's large conglomerates among those invited 
    ** The two-day meeting will start on July 28  
    ** Broader market  .KS11  slightly down 0.1 pct, as of 1237 
GMT 
 
 ((Reuters Messaging: dahee.kim@thomsonreuters.com))