3월 11일 09:17

MBK Partners and Young Poong on the Verge of Victory in the Battle for Control of Korea Zinc

A South Korean court has halted key resolutions from Korea Zinc’s recent extraordinary general meeting(EGM), paving the way for MBK Partners and Young Poong to secure a majority on the company’s board. The ruling, issued on March 7 by the Seoul Ce...

1월 22일 09:29

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 an injunction prohibiting the use of cumulative voting ...

1월 8일 10:16

Korea Zinc’s Acquisition of Igneo Holdings Sparks Controversy Over 100x Seller Profits

The largest shareholder alliance of Korea Zinc - MBK Partners and Young Poong - has called on Chairman Choi Yoon-beom to clarify his connections with the sellers of Igneo Holdings, who reportedly gained profits exceeding 100 times their initial in...

2024년 12월 19일 15:59

MBK Partners and Young Poong Expand Stake in Korea Zinc to 46.7% of Voting Shares

MBK Partners, through its special-purpose company, Korea Corporate Investment Holdings Co., Ltd., has acquired an additional 1.13% stake in Korea Zinc. This latest acquisition increases MBK Partners and Young Poong’s combined stake in Korea Zinc t...

2024년 12월 12일 16:00

MBK Partners and Young Poong to Restore Korea Zinc’s Shareholder Value through Governance Reform

Korea Zinc’s largest shareholders, MBK Partners and Young Poong (herein, the Consortium), have announced plans (Korea Zinc Value Up ) to fundamentally reform the company’s governance structure to recover the long-overlooked shareholder value. This...

2024년 12월 5일 15:36

MBK Partners Dismisses Allegations on Non-Disclosure Agreement by Korea Zinc

MBK Partners categorically dismisses the baseless allegations made by Korea Zinc regarding an alleged breach of a Non-Disclosure Agreement (NDA). Despite prior clarification that the MBK Partners Buyout Division, which is participating in the tend...

2024년 12월 5일 15:32

MBK Partners and Young Poong Refute Korea Zinc's Baseless Claims

MBK Partners has clarified its position on a matter involving Korea Zinc, stating that the company is making claims that are far from reality. The matter dates back to May 2022, when a person known to be close to Chairman Choi Yoon-beom of Korea Z...