Korea Zinc AGM Sets Choi on Collision Course With MBK-YP Again

More than a year after an upstart coalition of activist investors attempted to wrest control of Korea Zinc Co. from its chairman, shareholders will vote on his fate Tuesday.

Chairman Yun B. Choi’s bid for re-election to the board has faced last-minute setbacks after South Korea’s powerful National Pension Service abstained and the California Public Employees’ Retirement System, the largest US public pension fund, opted to vote against him.