Korea Zinc to issue new shares for management defense

Korea Zinc Co. said Wednesday it will issue new shares in its stepped-up efforts to help fend off a takeover attempt by the coalition of its biggest shareholder and a private equity firm.

Korea Zinc plans to issue 3,732,650 shares to raise 2.5 trilli…

Doosan Enerbility swings to loss in Q3

Doosan Enerbility Co. on Wednesday reported its third-quarter net loss of 26.5 billion won (US$19.2 million), shifting from a profit of 120.4 billion won a year earlier.

The company said in a regulatory filing that it posted 114.8 billion won in oper…

Samsung C and T Q3 net profit down 20.1 pct to 560 bln won

Samsung C and T Corp. on Wednesday reported its third-quarter net profit of 560 billion won (US$405.4 million), down 20.1 percent from a year earlier.

The company said in a regulatory filing that operating income for the July-September period fell 11…