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Legal Chaos Amid Young Poong Filing a Criminal Complaint Against Korea Zinc's BOD and What's Next?

Legal Chaos Amid Young Poong Filing a Criminal Complaint Against Korea Zinc's BOD and What's Next?

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Douglas Kim
Oct 03, 2024
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Douglas Research Insights
Douglas Research Insights
Legal Chaos Amid Young Poong Filing a Criminal Complaint Against Korea Zinc's BOD and What's Next?
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  • Young Poong filed a criminal complaint against the board of directors of Korea Zinc (010130 KS) who voted in favor of the tender offer by buying back Korea Zinc's shares.

  • If Korea Zinc proceeds with the share buyback at higher price than the tender offer price by MBK, there are two main scenarios.

  • Trading Action Point: If Uncertain, Watch the Price Action in the Next Several Days

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