ISS backs Korea Zinc board nominees ahead of key vote

Global proxy adviser Institutional Shareholder Services threw its support behind the proposal by Korea Zinc's incumbent board to nominate five directors ahead of a general shareholders' meeting, as the company's standoff with major shareholder Young Poong and MBK Partners continues to escalate. The ISS recommendation arrives roughly two weeks ahead of the March 24 annual shareholders' meeting, at which investors in the world's largest zinc smelter will vote on competing board nominations put for

By The Korea Herald