Investor support secures Choi Yun-beom's win in Korea Zinc proxy fight

Broader investor support, led by retail and foreign investors, was behind the victory of incumbent leadership at Korea Zinc’s annual general meeting, ultimately swinging the outcome in Chair Choi Yun-beom’s favor in one of the most closely watched boardroom battles in South Korea. Tuesday’s shareholders meeting came amid a prolonged proxy fight between Choi and a consortium led by private equity firm MBK Partners and Young Poong, which launched a tender offer to seek greater control over Korea Z

By The Korea Herald