[Featured Stock] Youngpoong Precision Rises for 8 Consecutive Days... Surpasses 35,000 Won

On the 8th, the stock price of Yeongpung Precision has been rising for eight consecutive trading days due to the management rights dispute among Korea Zinc, Yeongpung, and MBK Partners.

As of 9:29 a.m. on that day, Yeongpung Precision was trading at 35,250 KRW on the KOSDAQ market, up 550 KRW (1.59%) from the previous trading day.

During the session, it even rose to 35,600 KRW at one point. However, it has not yet reached the previous day's 52-week high of 36,700 KRW.

Yeongpung Precision holds a 1.85% stake in Korea Zinc, making it one of the casting votes in this dispute.

With the intensified competition for shares in Korea Zinc and Yeongpung Precision's stock price surpassing the existing public tender offer price, expectations of an increase in the tender offer price appear to be reflected in the stock price.

Meanwhile, at the same time, Korea Zinc was trading at 778,000 KRW, down 2,000 KRW (0.26%) from the previous trading day. Yeongpung was recorded at 338,000 KRW, down 2.31% from the previous session.