Latest News for: mbk

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Court rejects Young Poong-MBK injunction bid, clears Korea Zinc’s US smelter plan

Korea Times 24 Dec 2025
The development follows a Seoul court’s decision on Wednesday to dismiss an injunction request filed by the Young Poong–MBK Partners alliance amid an ongoing management control dispute.
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Young Poong, MBK support Korea Zinc's US project but reject financing method

Korea Times 16 Dec 2025
The Young Poong–MBK Partners alliance said Tuesday that it is not opposed to Korea Zinc’s plan to build a large-scale smelter in the United States ... smelter, a project worth 11 trillion won ($7.5 billion).
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Young Poong, MBK challenge Korea Zinc’s $6.8 billion US smelter plan

Korea Times 15 Dec 2025
Young Poong and MBK Partners criticized ... The Young Poong-MBK alliance is the largest shareholder of Korea Zinc and has been challenging Choi’s managerial control since launching a tender offer on Sept.
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FSS scrutiny of MBK over Homeplus sparks debate on regulatory overreach

Korea Times 25 Nov 2025
They argued that the Capital Markets Act grants institutional private equity fund managers full authority over investment decisions, and that MBK acted within its discretion under the law.
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Brisbane storms and hail leave nearly 100,000 without power as trees downed and roofs stripped

The Guardian 25 Nov 2025
Winds the biggest contributor to power outages as city saw more than 880,000 lightning strikes and 12cm diameter hail ... ....
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What 'severe' penalty could be imposed on MBK Partners?

Korea Times 24 Nov 2025
Attention is growing over the level of penalties MBK Partners may face, after the Financial Supervisory Service (FSS) sent the private equity firm, which controls Homeplus, an advance notice of ...
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MBK Partners given preliminary notice of disciplinary action over Homeplus management: sources

Yonhap News 23 Nov 2025
SEOUL, Nov. 23 (Yonhap) -- The financial regulator has preliminarily notified MB ....
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MBK issued temporary occupancy

The Citizen 02 Nov 2025
MBK intends to operate a 10 bedroom home for honorably discharged veterans from medical facilities ... Over the past 10 months, MBK has worked to meet all the state and local codes required to assure the building is safe and ready for its intended use.
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MBK rejects tax evasion allegations against chairman

Korea Times 17 Oct 2025
MBK Partners denied allegations of domestic tax evasion involving the firm and its chairman, Michael ByungJu Kim, emphasizing that all taxes have been duly paid in full compliance with relevant domestic and international laws.
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MBK chairman grilled at Assembly

Korea Times 14 Oct 2025
Michael ByungJu Kim, chairman of MBK Partners, which owns Homeplus, answers lawmakers’ ...
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MBK chairman apologizes for Homeplus fiasco during first appearance at Assembly audit

Korea Times 14 Oct 2025
Michael ByungJu Kim, chairman of MBK Partners, Homeplus’ largest shareholder, made his first appearance at a National Assembly audit Tuesday, offering a public apology ... MBK has also faced criticism .
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