Bitter Boardroom Feud for Korea Zinc Takes a Dramatic Turn
An eventful shareholder meeting provided the latest twist in the dispute between the families whose deceased patriarchs ...
Korea Zinc Shares Rally After Rules for Better Minority Investors’ Protection
Korea Zinc’s shares rose sharply a day after the world’s leading zinc smelter decided to adopt new rules that management said ...
2 Families, in Business for 50 Years, Wage War in a South Korean Boardroom
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched ...
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(LEAD) Korea Zinc's Choi blocks Young Poong-MBK's attempt to control board
Korea Zinc Co. Chairman Choi Yun-beom on Thursday successfully blocked an attempt by Young Poong Corp. and MBK Partners to ...
MBK to file criminal complaint against Korea Zinc chairman
The alliance of private equity firm MBK Partners and Young Poong said on Friday that it will take legal action against Korea ...
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MBK Partners: Welcoming the Court’s Decision to Prohibit Cumulative Voting for Director Appointments
MBK Partners and Young Poong, the largest shareholders of Korea Zinc, issue the following statement regarding today’s decision by the Seoul Central District Court’s Civil Division 50 to grant ...
Korea Zinc Shares Fall as Rival Faction Secures Court Injunction
Korea Zinc Co. shares dropped on Tuesday after a Seoul court accepted an injunction filed by MBK Partners Ltd., which ...
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Korea Zinc Proposes Beginning a Dialogue for a Grand Compromise at the Post-EGM Press Conference
held a press conference today where CEO Park Ki-deok proposed beginning a dialogue for a grand compromise with MBK Partners in order to heal and move forward. During his statement, CEO Park said ...
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Korea Zinc: MBK and Young Poong Face Scrutiny Over Injunction Tactics Amid Market Disruption
SEOUL, South Korea--(BUSINESS WIRE)--Korea Zinc (KRX:010130) has raised concerns about the tactics employed by MBK Partners and Young Poong in their ongoing hostile takeover attempt. Questions are ...
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MBK Partners: Welcoming the Court’s Decision to Prohibit Cumulative Voting for Director Appointments
SEOUL, South Korea, January 21, 2025--(BUSINESS WIRE)--MBK Partners and Young Poong, the largest shareholders of Korea Zinc, issue the following statement regarding today’s decision by the Seoul ...
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Korea Zinc Proposes Beginning a Dialogue for a Grand Compromise at the Post-EGM Press Conference
Following the recent extraordinary general meeting (EGM), Korea Zinc (KRX:010130) held a press conference today where CEO Park Ki-deok proposed beginning a dialogue for a grand compromise with MBK ...