Wednesday, 20 November 2024

Focus on Korea Zinc Company, Ltd.

FILE PHOTO: Korea Zinc Chairman Yun B. Choi speaks during a press conference in Seoul, South Korea, November 13, 2024.   REUTERS/Kim Hong-Ji/File Photo
AnalysisBusinessCritical MineralsPoliticsRegulations

Analysis: Korea Zinc takeover battle tests Seoul’s resolve on tackling ‘Korea discount’

The Korea Zinc takeover battle highlights weak investor protections, fueling calls for reforms to tackle South Korea's "Korea discount."

Korea Zinc Chairman Yun B. Choi speaks during a press conference in Seoul, South Korea, November 13, 2024.   REUTERS/Kim Hong-Ji
BusinessCritical MineralsNews

Korea Zinc pulls $1.8 billion share sale, turns sights to board fight

Korea Zinc scraps $1.8B share sale plan amid regulatory probe, setting stage for a shareholder battle with Young Poong and MBK.

FILE PHOTO: The logo of Korea Zinc is pictured during a press conference in Seoul, South Korea, October 22, 2024.  REUTERS/Kim Hong-Ji/File Photo
BusinessCritical MineralsNews

Korea Zinc’s share sale plan suspended due to regulator’s revision request, filing says

Korea Zinc’s $1.8B share sale plan faces delays as South Korea’s financial regulator orders revisions, sparking market concerns.

FILE PHOTO: The logo of Korea Zinc is pictured during a press conference in Seoul, South Korea, October 22, 2024.  REUTERS/Kim Hong-Ji/File Photo
BusinessCritical MineralsMineralsMiningNews

Korea Zinc shares plunge for second day ahead of watchdog briefing

Shares in Korea Zinc dropped 23.2 per cent on Thursday, following a dismal Wednesday in which they dropped 29.9 per cent.

Yun B. Choi, Chairman of Korea Zinc's board speaks during a press conference in Seoul, South Korea, October 4, 2024.   Yonhap via REUTERS/ File Photo
BusinessCritical MineralsNews

Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Korea Zinc secures 9.85 per cent in $1.5B buyback to counter investor Young Poong's stake; battle for control drives shares to record highs.

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