The stock price of Yeongpung Precision fell by more than 8%.
As of 9:15 AM on the 18th in the KOSDAQ market, Yeongpung Precision was trading at 28,250 won, down 2,600 won (8.43%) from the previous trading day.
Yeongpung Precision holds a 1.85% stake in Korea Zinc and has been called the casting vote in the ongoing Korea Zinc management dispute. The Choi family, including Choi Yoon-beom, chairman of Korea Zinc, is conducting a public tender offer at 35,000 won per share through the special purpose company (SPC) Jericho Partners, using their personal funds.
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