Korea Zinc "Market Disturbance..."Yeongpoong and MBK Tender Offer Source Invalid"

When Youngpoong's second injunction request to block Korea Zinc's share purchase was also rejected, Korea Zinc claimed that Youngpoong and MBK's tender offer were invalid.

Korea Zinc issued an additional statement, saying it became clear that Youngpoong and MBK intentionally promoted judicial risks, and that it was a clear fraudulent fraudulent transaction, market manipulation and market disturbance.

"If it wasn't for Youngpoong and MBK's lies, there wouldn't have been an absurd 5.34 percent participating in their tender offer," he said, adding that all shareholders who handed over their shares at a lower price than Korea Zinc's tender offer were victims.

In response, Korea Zinc emphasized that it will mobilize all judicial procedures, including the Financial Supervisory Service's petition, to be held accountable.