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Cable TV Operator HCN Approved for Listing, Korea Exchange Says

HCN Co., a South Korean cable-television operator, was approved to list on the Korea Exchange, the bourse’s operator said in an e-mailed statement.

Hyundai Securities Co. will arrange the sale of 27.5 million shares in October, Korea Exchange said today. Hyundai Home Shopping Network Corp. and Hyundai Department Store Co. are among the company’s shareholders.

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