Wednesday, June 5, 2013
STX PO
STX PO: requests for suspension.
The shares are halted in Korea as well, after falling by the daily limit of 15%. The shares were headed for the lowest close in 10 yrs.
Co. says pending for clarification of the rumor in the mkt that the co will file for company reorganization with the district court. MoneyToday earlier reported STX PO will apply for court receivership as Korea Devt Bank (KDB) rejected its request for 200b won.
STX PO says it hasn't decided whether to seek court receivership, and the decision to apply for one depends on main creditor KDB's credit support.
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