Korea Zinc and Youngpoong Precision Upper Price..."Because I'm looking forward to the second half".

Korea Zinc and Youngpoong Precision are hitting the upper limit in early trading today after Korea Zinc completed its tender offer of treasury stocks.

Korea Zinc is trading at 1,138,000 won, up 29.91% from the previous day, and Yeongpung Precision is also trading at 26,000 won, up 30% as of 10:50 p.m.

The surge in Korea Zinc and Youngpoong Precision related to the management dispute seems to be due to the prospect that the two sides will not secure a stable majority stake even after the tender offer, which will lead to fierce equity competition, including on-site purchases in the future.

Korea Zinc is reportedly considering opening the tender offer results as early as today or tomorrow.