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[Weekender] Korea's traditional sauce culture gains global recognition
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Osstem Implant set to be delisted from Kosdaq in mid-August
By YonhapPublished : Aug. 1, 2023 - 20:49
Dental implant maker Osstem Implant said Tuesday the company is set to be delisted from the tech-heavy Kosdaq stock exchange on Aug. 14.
The bourse operator, the Korea Exchange, approved the delisting earlier in the day, Osstem said in a regulatory filing.
The company applied for voluntary delisting in late June following approval at a stockholders' meeting.
The firm's biggest shareholder -- a consortium of two private equity firms -- has been buying up Osstem shares through a tender offer since early this year.
The final stock sale period before the delisting will take place from Thursday to Aug. 11. (Yonhap)
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