KCGS Recommends Approval of Candidate Park Yoo-Kyung for Korea Zinc Audit Committee.
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Korea ESG Standards Institute (KCGS), a leading domestic proxy advisory firm, recommended opposing the candidate nominated by the company and approving the candidate nominated by the opposing camp in its evaluation of audit committee candidates released ahead of Korea Zinc's extraordinary general meeting of shareholders. The appointment of audit committee members at the extraordinary general meeting of shareholders scheduled for September 9...
Korea Zinc, currently embroiled in a management rights dispute with its largest shareholder, the Young Poong & MBK Partners consortium, is plunging by over 8% during trading hours. According to the Korea Exchange on the 31st, as of 10:46 AM, Korea Zinc was trading at 1,262,000 won, down 8.22% from the previous day. Korea Zinc and the Young Poong & MBK consortium are set to engage in a vote battle over the position of an independent director, w…
Korea Zinc and Young Poong & MBK Partners are once again clashing over the appointment of audit committee members to be made at the extraordinary general meeting of shareholders on September 9.
[Digital Daily Reporter Kim Nam-gyu] The Korea ESG Standards Institute (KCGS) recommended that the appointment of Park Yoo-kyung, a candidate for Audit Committee member representing Young Poong and MBK Partners, be approved at Korea Zinc's extraordinary general meeting of shareholders to be held next month. Conversely, it expressed opposition to candidate Baek In-gyu, recommended by the Korea Zinc Board of Directors, citing concerns regarding hi…
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