Korea Zinc’s share sale plan suspended due to regulator’s revision request, filing says

SEOUL : Korea Zinc’s 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be changed, and if the company failed to submit a revised share sale plan within three months, it will be considered withdrawn, the filing said.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 per cent shortly after the filing, erasing earlier gains.