SEOUL (Reuters) – Shareholders of Korea Zinc, the world’s largest zinc refiner, voted in favour of seven board members nominated by current management, results at a shareholders’ meeting on Thursday showed.
The vote was held after Korea Zinc management excluded major shareholder Young Poong’s shares, saying they do not have voting rights.
Korea Zinc has been the subject of a takeover battle since September.
(Reporting by Joyce Lee; editing by Jason Neely)
