South Korean Ministry of Land, Transport and Maritime Affairs confirmed last month that the government plans to float a 15% stake in Incheon International on the Korea Exchange in 2010 as part of its plan to divest 49% of the airport. The remaining 34% will be sold to investors in 2011, the airport said. Foreign investors will be permitted to hold up to 30% of all outstanding shares and airlines will be capped at 5%. ICN said that "several revisions will be made to the regulatory ...

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