[Featured Stock] Korea Zinc Share Price Slightly Rises↑... Up 1.6% to 699,000 Won

Korea Zinc's stock price rose slightly amid considerations of share repurchase and the possibility of a counter tender offer.

As of 10:56 AM on the 2nd, Korea Zinc was trading on the KOSPI market at 699,000 KRW, up 11,000 KRW (1.6%) from the previous trading day.

Amid an ongoing dispute over Korea Zinc's management rights, the court on this day dismissed the provisional injunction filed by Youngpoong against Chairman Choi Yoon-beom of Korea Zinc, which sought to prohibit the acquisition of treasury shares.

Following the court's decision, Korea Zinc can now proceed with both a counter tender offer and share repurchase as means to defend its management rights.