Business
Korea Zinc: Sun Metals Corporation Thwarts a Hostile Takeover and Secures Sustainable Growth Through its ‘Lawful Acquisition of Young Poong Shares’
SEOUL, South Korea, February 05, 2025--Sun Metals Corporation (SMC), an overseas subsidiary of Korea Zinc (KRX: 010130) stated that through its recent acquisition of Young Poong shares, which prevented the hostile takeover of its parent company, it was able to ensure stable business operations in Australia and maintain a sustainable future growth engine. The company also refuted the claims made against the purchase, providing details that proving such accusations held no legal grounds.
About this update from Korea Zinc Co., Ltd.
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