[Special Stock] Korea Zinc Shows Consecutive Gains Ahead of Next Month's Extraordinary General Meeting

The stock price of Korea Zinc is showing strength ahead of the upcoming extraordinary general meeting of shareholders next month.

As of 9:41 a.m. on the 4th, Korea Zinc is trading at 1,713,000 KRW, up 11.15% from the previous day. During the session, it rose to 1,720,000 KRW, setting a new 52-week high.

Korea Zinc's stock price has been rising for seven consecutive trading days since the 26th of last month. The increase rate from the 26th of last month to the day before yesterday reached 71%.

With Korea Zinc's extraordinary general meeting scheduled for next month, the competition to accumulate shares on the market between the MBK-Youngpoong alliance, which is engaged in a management rights dispute, has intensified.

Korea Zinc held an extraordinary board meeting at its headquarters in Jongno-gu, Seoul, yesterday afternoon and announced that it decided to hold the extraordinary general meeting requested by the Youngpoong-MBK alliance on the 23rd of next month.