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Court nullifies Korea Zinc resolution curbing Young Poong voting rights

A Seoul court ruled Thursday that a resolution passed at Korea Zinc's annual shareholder meeting last year restricting the voting rights of Young Poong Corp. and private equity firm MBK Partners Ltd. must be nullified, Yonhap and the Korea Times report. The ruling comes after Young Poong had earlier lost a separate shareholder derivative suit seeking 837 billion won ($631 million) in damages from Korea Zinc Chairman Choi Yun-beom and other directors, according to Yonhap on Oct. 22.

  1. Korea Zinc loses court battle over curbs on Young Poong's voting rights Korea Times · 2026-11-12
  2. Korea Zinc loses court battle over curbs on Young Poong's voting rights Yonhap · 2026-11-12
  3. Young Poong loses shareholder derivative suit against Korea Zinc Korea Times · 2026-10-22
  4. (LEAD) Young Poong loses shareholder derivative suit against Korea Zinc Yonhap · 2026-10-22
  5. Young Poong loses shareholder derivative suit against Korea Zinc Yonhap · 2026-10-22

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