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MBK Partners-Young Poong Submit Shareholder Proposals for Korea Zinc's Annual General Meeting

  • MBK Partners and Young Poong submitted shareholder proposals for Korea Zinc's annual general meeting, including appointing a temporary chair and canceling treasury shares.
  • The proposals include a cash dividend of KRW 7,500 per common share, aimed at enhancing shareholder returns.
  • MBK Partners and Young Poong called for expanding the board to up to 17 directors, focusing on enhancing corporate governance and transparency.
  • Korea Zinc reported a decline in net profit for 2024 due to non-operating losses, despite an increase in operating profit.
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TBNweekly broke the news in on Thursday, February 20, 2025.
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