On the prospect that the dispute over management rights of Korea Zinc will continue after the tender offer, the stock price of Korea Zinc and Youngpoong Precision, which owns a stake in Korea Zinc, each rose to the price limit.
Korea Zinc shares rose 29.91% to close at 1,138,000 won, while Youngpoong Precision also rose 30% to close at 26,000 won.
Korea Zinc has become the emperor's shareholder with Samsung Biologics in the stock market, with only two stocks worth more than 1 million won.
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