[Asia Economy Reporter Hwang Yoon-joo] Ssangyong Cement Industrial announced on the 12th, "At today's extraordinary general meeting of shareholders, the capital reduction with consideration, decided by the board resolution in August, was approved," adding, "As the objection period for creditors ends, the capital reduction with consideration will take effect the following day, and Ssangyong Cement Industrial preferred shares will be suspended from trading starting November 12."



Ssangyong Cement Industrial stated, "We plan to proceed with the delisting of preferred shares once the capital reduction procedure is completed, so please exercise caution in your investments."


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