Korea Zinc's share sale plan suspended due to regulator's revision request, filing says (updated)

YoungPoong

06/11/2024 02:06

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       SEOUL, Nov 6 (Reuters) - Korea Zinc's  010130.KS  new
share sale plan announced on Oct 30 has been suspended due to a
revision request by the South Korean financial regulator, a
regulatory filing said on Wednesday. 
    This means the overall schedule related to the share sale
may be changed, and if the company failed to submit a revised
share sale plan within three months, it will be considered
withdrawn, the filing said. 
        Shares in Korea Zinc were trading down 4.6% shortly
after the filing, erasing earlier gains. 
  
    
    

 (Reporting by Jihoon Lee and Joyce Lee
Editing by Ed Davies)
 ((joyce.lee@tr.com;))