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A first-instance court ruling has ordered the revocation of a resolution passed at Korea Zinc's annual shareholder meeting that restricted the voting rights of Young Poong Corp. and private equity firm MBK Partners Ltd., Business Korea and Korea Times report. The court ruled Thursday that the resolution must be nullified, and an appeal has been filed against the decision. Young Poong had previously 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 Korea Times and Yonhap.