Reported 28 days ago
Michael ByungJu Kim, a former Goldman Sachs banker and now a billionaire private equity investor, is embroiled in a significant corporate conflict over Korea Zinc, the world's largest producer of refined zinc. His firm, MBK Partners Ltd, is vying for control against founding families, seeking to enhance corporate governance within the chaebol-dominated economy. The high-stakes battle reflects broader issues of governance in South Korea's major conglomerates and may reshape the landscape for future corporate governance dynamics in the region.
Source: YAHOO