[Photo] Soaring Stock Prices of Korea Zinc and Young Poong Precision Continue

On the 4th, the stock prices of Korea Zinc and Young Poong Precision were displayed on the Korea Exchange monitor in Yeouido, Seoul, as Korea Zinc launched a tender offer for its own shares and MBK Partners, a private equity fund (PEF) operator partnered with Young Poong, raised the tender offer price for Young Poong Precision from 25,000 KRW to 30,000 KRW. Korea Zinc announced that from today until the 23rd, it will partner with the global private equity fund Bain Capital to conduct a tender offer for up to 18% (3,726,591 shares) of Korea Zinc shares at 830,000 KRW per share.

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