[Featured Stock] Korea Zinc Declines for 2 Consecutive Trading Days↓

The stock price of Korea Zinc has been declining for two consecutive trading days.

As of 10:45 AM on the 11th, Korea Zinc was trading at 1,106,000 KRW, down 40,000 KRW (3.49%) from the previous trading day.

It has been reported that Korea Investment & Securities, which was considered an ally of Korea Zinc in the management dispute with Youngpoong and MBK Partners, has sold all of its shares.

There is also a possibility that Korea Zinc may withdraw the 2.5 trillion KRW rights offering, which was halted by the Financial Supervisory Service. However, as disputes over responsibility arise during the process of withdrawing the rights offering, the shockwaves from the rights offering are intensifying.