Korea Zinc to Decide on Disputed $1.8 Billion Share Plan

Korea Zinc pulls $1.8 billion share sale, turns sights to board fight
Korea Zinc said on Wednesday it has decided to withdraw its plan to issue new shares worth $1.8 billion after the proposal sparked an investigation by the financial watchdog and a sell-off in the company's stock.
Korea Zinc to Decide on Disputed $1.8 Billion Share Plan As Pressure Rises
Korea Zinc Co.’s board will meet on Wednesday to decide whether or not to proceed with a $1.8 billion share sale plan which prompted a selloff in the stock and triggered an investigation by the country’s financial watchdog.
Korea Zinc scraps $1.8 billion share issue plan after investor outcry
Korea Zinc cancelled its $1.8 billion share issuance plan after backlash, leading to Chairman Choi Yun-beom's resignation.
Korea Zinc pulls $1.8 billion share sale, set to replace chairman of the board
The chairman of the board of Korea Zinc vowed on Wednesday to make way for an outsider after the firm dropped a plan to issue new shares worth $1.8 billion that had sparked an investigation by the financial watchdog and a share sell-off.
(LEAD) Korea Zinc to hold shareholders meeting over management control
Korea Zinc Co., the world's largest refined zinc smelter, said Wednesday it will hold a shareholders meeting over its management control, hours after scrapping its share sale plan taken issue with by the financial regulator.
Korea Zinc withdraws controversal capital increase plan
Korea Zinc withdrew its plan for a large-scale capital increase through the issuance of new shares on Wednesday. This came a week after the Financial Supervisory Service (FSS) suspended the plan, citing concerns that it could cause significant misunderstanding among investors.

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