SEOUL (Reuters) - A South Korean court on Tuesday approved a request by plaintiffs in a wartime forced labour case to seize part of the local assets of Japan's Nippon Steel & Sumitomo Metal Corp, Yonhap News Agency said, citing a court official.
This is part of a total of 2.34 million shares worth about 11 billion won ($9.78 million) owned by the Japanese steelmaker, the report said.
The move came after a ruling by South Korea's Supreme Court ruling in October that Nippon Steel should pay 100 million won to each of four South Koreans to compensate them for suffering forced labour during the World War Two.Nippon Steel was not immediately available for comment.
($1 = 1,125.0000 won)
(Reporting by Hyunjoo Jin and Hyonhee Shin; Additional reporting by Kiyoshi Takenaka in TOKYO, editing by Louise Heavens)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)