KCC Corp block flies off shelf on Cheil link

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KCC Corp block flies off shelf on Cheil link

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Hyundai Samho Heavy Industries has offloaded all of its shares in industrial materials producer KCC Corp to net W415.2bn ($374m). Investors were extremely eager to get their hands on KCC’s stock because of its association with Cheil Industries, the de facto holding company of Samsung Group that is preparing for a chunky IPO.

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