South Korea market watchdog launches probes into battle to control Korea Zinc

YoungPoong

08/10/2024 03:04

SEOUL, Oct 8 (Reuters) - The chief of South Korea's
Financial Supervisory Service on Tuesday ordered a probe into
tender offers for Korea Zinc  010130.KS  shares to monitor for
any unfair trade practices, the financial watch dog said in a
statement. 
    The financial watchdog said there were concerns about
investor losses due to an ongoing battle for control of the
world's biggest refined zinc producer. 

 (Reporting by Jihoon Lee
Editing by Ed Davies)
 ((jihoon.lee@thomsonreuters.com;))