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Pacific Pharma faces suspension or delisting for non-compliance

Published: 2012-06-04 06:56:00
Updated: 2012-06-04 06:56:00
Korea Exchange, the country’s bourse operator, announced on Thursday it may suspend the trading of Pacific Pharma shares from July 1 due to their non-compliance to the Listing Act clauses.

KRX said that from the company’s 2,328,947 floating shares, 95,903 shares only had been traded during the January-May period.

Thus the company faces a June 30 deadline to meet stock exchange requirement...

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