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Korea Zinc’s Acquisition of Igneo Holdings Sparks Controversy Over 100x Seller Profits

The largest shareholder alliance of Korea Zinc – MBK Partners and Young Poong – has called on Chairman Choi Yoon-beom to clarify his connections with the sellers of Igneo Holdings, who reportedly gained profits exceeding 100 times their initial investment during the 2022 acquisition. A representative from MBK Partners said, “Korea Zinc’s acquisition of Igneo