#Latest news with #KoreaZincCoBloomberg27-03-2025BusinessBloombergKorea Zinc Secures Court Win Against Top Investor Before AGMA South Korean court has ruled in favor of Korea Zinc Co. 's efforts to stop its largest investor from voting at a keenly awaited annual shareholder meeting, a boost for Chief Executive Yun B. Choi's effort to retain control over the metals giant. The Seoul Central District Court said in a statement on Thursday that it had rejected an injunction from Young Poong Corp., a decision that hampers efforts by the group and private equity backer MBK Partners Ltd. to topple Korea Zinc's board at the Friday's investor gathering, and raises the heat in a months-long corporate battle.
Bloomberg27-03-2025BusinessBloombergKorea Zinc Secures Court Win Against Top Investor Before AGMA South Korean court has ruled in favor of Korea Zinc Co. 's efforts to stop its largest investor from voting at a keenly awaited annual shareholder meeting, a boost for Chief Executive Yun B. Choi's effort to retain control over the metals giant. The Seoul Central District Court said in a statement on Thursday that it had rejected an injunction from Young Poong Corp., a decision that hampers efforts by the group and private equity backer MBK Partners Ltd. to topple Korea Zinc's board at the Friday's investor gathering, and raises the heat in a months-long corporate battle.