Korea Zinc started trading on the 7th at 777,000 won, up 1,000 won (0.13%) from the previous trading day.
The Korea Zinc management dispute, which began on the 13th of last month, has prolonged, causing slight fluctuations in the stock price. The tender offer price started at 660,000 won per share and has currently risen to 830,000 won per share. However, the market price remains in the 700,000 won range.
When Chairman Choi Yoon-beom of Korea Zinc raises the price, the MBK Partners and Youngpoong alliance immediately follows at the same price like a 'tail chase,' but under more favorable conditions in terms of duration, volume, and taxes.
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