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South Korea's public sector Korea Electric Power Corp (Kepco) plans to offer 8% of its stock to foreign investors following a 120% increase in the Kepco share since Aug 1992. Although Kepco is a profitable investment, there is speculation that its share value fall after a sudden climb of 120% in a short period of little over two months. Moreover, Kepco profits may also decline if it adopts the declining balance method rather than the straight-line process under its tax devaluation policy.