[Featured Stock] Korea Zinc Turns Down After 6 Trading Days Amid 'Management Dispute'
Korea Zinc, which is currently involved in a management rights dispute, turned downward after six trading days.
As of 9:32 a.m. on the 30th, Korea Zinc was trading at 1,415,000 KRW on the KOSPI market, down 128,000 KRW (8.3%) from the previous trading day.
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On the same day, Korea Zinc is reported to have held an extraordinary board meeting and decided to transfer some of its treasury shares to the employee stock ownership association. This move is interpreted as an attempt to secure friendly shares by converting non-voting treasury shares ahead of the shareholder meeting vote battle with the Youngpoong side.
![[Featured Stock] Korea Zinc Turns Down After 6 Trading Days Amid 'Management Dispute'](http://www.asiae.co.kr/news/img_view.htm?img=2024102409305871420_1729729858.jpg)
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