MBK, Young Poong secure over 5% stake in Korea Zinc, filing says

Quick Summary:

SEOUL :Private equity firm MBK and Young Poong have secured a more than 5 per cent stake in Korea Zinc through a tender offer that closed on Monday, Young Poong said in a regulatory filing.

They received acceptances for just over 1.1 million shares of Korea Zinc, equivalent to 5.

Choi, Chairman of Korea Zinc's board speaks during a press conference in Seoul, South Korea, October 4, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth Korea

Topics: Tender Zinc Shares Price Seoul Cent Young Offer Korea Purchase Poong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 17:05:49 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23037379

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