South Korea's STX receives permission to vote at EGM

Aker Yards said the European Commission has granted an exemption that will allow South Korea's STX Shipbuilding to vote at an extraordinary shareholders meeting next month.
STX Shipbuilding bought a 39.2 pct stake in Aker Yards last year, making it the largest shareholder, but the South Korean company is yet to have its full-voting granted as authorities are still investigating the deal.
The EGM, scheduled for 1 April, has been called by Aker Yard's second largest shareholder, Havyard Invest, which wants to elect a new board.