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MBK chairman barred from leaving country amid Homeplus probe

News | 2025.05.19

MBK chairman barred from leaving country amid Homeplus probe

#Homeplus #MBK Partners #travel restrictions

MBK, Homeplus searched as executives face fraud investigation

News | 2025.04.28

MBK, Homeplus searched as executives face fraud investigation

#MBK #Homeplus #fraud investigation

MBK likely to face prosecution probe over Homeplus fiasco

News | 2025.04.11

MBK likely to face prosecution probe over Homeplus fiasco

#Homeplus #MBK Partners #Prosecutorial investigation

Korea Zinc Announces AGM Results, with the Current Management Retaining Control of the Board with Overwhelming Shareholder Support

News | 2025.03.28

Korea Zinc Announces AGM Results, with the Current Management Retaining Control of the Board with Overwhelming Shareholder Support

#Korea Zinc #AGM Results #Retaining board control

Ruling and opposition parties unite to report MBK chairman for absence at inquiry

News | 2025.03.18

Ruling and opposition parties unite to report MBK chairman for absence at inquiry

#Homeplus #MBK Partners #Kim Byung-joo

MBK & YP interests not aligned with shareholders

MBK & YP | 2024.12.24

MBK & YP interests not aligned with shareholders

Campaign

Current Status of the Management Control Dispute Litigation Involving Korea Zinc

Current Status of the Management Control Dispute Litigation Involving Korea Zinc

We hereby share the current status of lawsuits and key issues filed by Youngpoong and MBK against Korea Zinc during the hostile M&A process. Youngpoong and MBK have been persistently filing vexatious lawsuits and engaging in media tactics, thereby exerting…

The Council on Ethics recommends that Young Poong Corp be excluded from investment by the Norwegian Government Pension Fund Global (GPFG)

The Council on Ethics recommends that Young Poong Corp be excluded from investment by the Norwegian Government Pension Fund Global (GPFG)

(on Feb, 28, 2022) The Council on Ethics recommends that Young Poong Corp be excluded from investment by the Norwegian Government Pension Fund Global (GPFG) due to an unacceptable risk that the company is responsible for or contributes to…

No. 6: Appointment of Audit Committee member

No. 6: Appointment of Audit Committee member

Korea Zinc's Position: For No.6 - Candidate Kwon Soon Bum is currently serving as a member of the Audit Committee at Lotte Capital and is expected to provide valuable advice to the board of directors based on his legal expertise…

No. 2 ~ No. 5: Election of directors – KZ Position on MBK & YP’s Proposals

No. 2 ~ No. 5: Election of directors – KZ Position on MBK & YP’s Proposals

Korea Zinc's Position: Against Fourteen(14) Directors - Expanding the board from 13 to 27 members without BSM improvements suggests an attempt to seize control of the board - The proposed board size exceeds global recommendations, risking weakened governance - The lack…

No. 2 ~ No. 5: Election of directors: Seven (7) Directors (Korea Zinc’s Proposal)

No. 2 ~ No. 5: Election of directors: Seven (7) Directors (Korea Zinc’s Proposal)

Korea Zinc's Position: For 7 Directors - Expanding the board from 13 to 27 members without BSM improvements suggests an attempt to seize control of the board - The proposed board size exceeds global recommendations, risking weakened governance - Lack…

[Instruction] No. 2 ~ No. 5: The method of voting (Election of directors)

[Instruction] No. 2 ~ No. 5: The method of voting (Election of directors)

The director election voting method will follow one of four approaches, depending on the approval of 1-1 (cumulative voting) and 1-2 (director cap)

Newsroom

MBK chairman barred from leaving country amid Homeplus probe

MBK chairman barred from leaving country amid Homeplus probe

(Korea Times, May. 19, 2025) Investors, who face losses after purchasing Homeplus short-term bonds, hold a demonstration in front of MBK Partners' office in Seoul, March 19. They displayed a photo of MBK Chairman Michael Byungju Kim and demanded…

MBK, Homeplus searched as executives face fraud investigation

MBK, Homeplus searched as executives face fraud investigation

(Korea Times, Apr.28,2025) Members of the Korean Confederation of Trade Unions hold a 108-bow ceremony at Gwanghwamun Square in Seoul, Monday, calling for the prompt resolution of issues surrounding Homeplus' recent filing for corporate rehabilitation. Earlier in the day,…

Homeplus issues rental agreement termination notices for 17 stores

Homeplus issues rental agreement termination notices for 17 stores

(Korea Times, Apr. 11, 2025) A Homeplus supermarket in Seoul on April 22 [NEWS1] Homeplus, Korea’s second-largest hypermarket chain, has notified landlords of 17 leased locations that their rental contracts will be terminated, the company said Wednesday. According to…

MBK likely to face prosecution probe over Homeplus fiasco

MBK likely to face prosecution probe over Homeplus fiasco

(Korea Times, Apr. 11, 2025) Lee Bok-hyun, governor of the Financial Supervisory Service, speaks during a media briefing at the Korea Financial Investment Association in Seoul, Thursday. Yonhap Critics call MBK chairman's $41 million loan guarantee insufficient MBK Partners is…

Korea Zinc Announces AGM Results, with the Current Management Retaining Control of the Board with Overwhelming Shareholder Support

Korea Zinc Announces AGM Results, with the Current Management Retaining Control of the Board with Overwhelming Shareholder Support

SEOUL, South Korea, March 28, 2025 /PRNewswire/ -- Korea Zinc (KRX:010130) announced on March 28 that it has successfully concluded its annual general meeting (AGM), with the current management retaining board control in contention against MBK and Young Poong. Korea Zinc's 51st AGM was held at Yongsan, Seoul.…

Ruling and opposition parties unite to report MBK chairman for absence at inquiry

Ruling and opposition parties unite to report MBK chairman for absence at inquiry

(Chosun Biz, Mar. 18, 2025) Union of political factions seeks accountability from MBK Partners chairman for missing inquiry session. The ruling and opposition parties voiced that they should report MBK Partners Chairman Kim Byung-joo. This comes as he…

Letter to Shareholders