The South Korean government has confirmed that it has delayed the sale announcement for Woori Finance, the listed South Korean financial firm, until after mid-July, E-Daily reported on Thursday.
The South Korean local newspaper cited Chin Dong-soo, president of the Financial Services Commission, who said in a press meeting that the state-run financial firm has delayed the announcement because of a mismatch over the schedules of the main public fund committee members.
Chin noted that the committee members would finish discussions over the privatization plans after the middle of July.
See here for all posts on the privatization of Woori Finance.
Source: E-Daily (translated)
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