Yeongpung, which is currently engaged in a management rights dispute with Korea Zinc, hit the upper price limit.
As of 9:13 AM on the 19th, Yeongpung was trading on the KOSPI market at 501,000 KRW, up 115,000 KRW (29.79%) from the previous trading day.
Yeongpung is conducting a public tender offer for Korea Zinc shares together with MBK Partners.
Yeongpung Precision, which Yeongpung and MBK Partners are also conducting a public tender offer for, also hit the upper price limit. As of 9:15 AM on the same day, Yeongpung Precision was trading on the KOSDAQ market at 15,830 KRW, up 3,650 KRW (29.97%) from the previous trading day.
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