#Latest news with #MBKPartnersLtdBloomberg28-03-2025BusinessBloombergKorea Zinc Prepares for Latest Stormy Shareholder MeetingKorea Zinc Co. investors are bracing for a turbulent gathering on Friday, as the metals giant's top shareholder and private equity ally MBK Partners Ltd prepare to make a fresh bid to topple the current board and oust Chief Executive Yun B. Choi. A South Korean court on Thursday blocked Young Poong Corp. from casting its 25.4% vote, a win for Korea Zinc's management that bolstered Choi's chances of maintaining his grip on the company.
Bloomberg28-03-2025BusinessBloombergKorea Zinc Prepares for Latest Stormy Shareholder MeetingKorea Zinc Co. investors are bracing for a turbulent gathering on Friday, as the metals giant's top shareholder and private equity ally MBK Partners Ltd prepare to make a fresh bid to topple the current board and oust Chief Executive Yun B. Choi. A South Korean court on Thursday blocked Young Poong Corp. from casting its 25.4% vote, a win for Korea Zinc's management that bolstered Choi's chances of maintaining his grip on the company.