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KFB mulls share sales in Seoul, N.Y.

Asia Africa Intelligence Wire

| July 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Korea Herald)

Korea First Bank will push for public share sales next year in Seoul and New York, the bank's chief executive said yesterday.

Shares in Korea's smallest nationwide bank were suspended from trading in 1999 before Newbridge Capital Ltd., a U.S. equity fund, bought a controlling stake in the bank following a government-led bailout.

Newbridge owns a 49 percent ...

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