Pro Material News Today : Breaking News, Live Updates & Top Stories | Vimarsana

EcoPro Materials' stock price soared during Tuesday's trading session, following its new addition to the MSCI Korea Index, which was announced earlier in the day.

A timely listing of EcoPro Materials, a cathode material precursors producer, appears unlikely, as authorities have yet to grant approval for the firm's bid to go public amid lingering owner risks after its group chief was recently convicted of insider trading.

A timely listing of EcoPro Materials, a cathode material precursors producer, appears unlikely, as authorities have yet to grant approval for the firm's bid to go public amid lingering owner risks after its group chief was recently convicted of insider trading.

Battery materials business group EcoPro is facing a major setback to its plan to list its key subsidiary EcoPro Materials within this year, as prosecutors investigate the company over allegations of insider trading by some of its former and incumbent executives and staff employees. According to the financial authorities, a joint investigation team on financial crimes established at the Seoul Southern District Prosecutors' Office as well as special judicial police officers from the Financial Services Commission (FSC) are currently investigating the company.

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