The world’s third largest National Pension Service (NPS) from Korea Zinc to support the current management proposal at the EGM Investing.com

SEOUL, South Korea, January 20, 2025 /PRNewswire/ – Korea announced National Pension Service (NPS) decided on the voting direction Korean zinc Extraordinary General Assembly (EGM) as the world’s third largest pension fund and Korea Representing public pensions, this decision will undoubtedly have significant implications.

At 17^ThThe NPS Trustee Responsibilities Committee convened and decided to support the key agenda items presented Korean zinc Current management, including introducing a cumulative voting system and capping the number of directors at 19. Louis (JO:), clearly asserting his position that the retention of the current governance structure is preferable.

This decision has implications beyond a simple institutional investor decision. Politicians from both the ruling and opposition parties stressed the need for protection. Korean zincIt is a key contributor to national industry. of Members National Council The industrial committee has pointed out the dangers of technology leakage in such countries ChinaHe asked the government to actively monitor the matter.

Risk on Korean zinc The situation has arisen. US Political circles. US Representative Eric Swalwellof Critical Minerals CaucusHe sent an official letter Department of State Expressing their concern that China Investment Corporation (CIC) is one of the key investors in MBK partners. They called for a review. Korean zinc Considering the interests of the common national security South Korea And United States. Former White House National Security Adviser Robert O’Brien He warned in a media article about the threat of the transfer of major mining technologies China if so Korean zinc It is being sold.

A significant aspect is that NPS is in the main limited partner (LP). MBK partners. As the most influential investor in Korea For the private equity sector, the NPS decision reflects considerations beyond investment interests, perhaps reflecting broader national industrial policy concerns.

A Korean zinc The official said, “This decision of NPS recognizes the importance Korean zinc Continuous development and technological competitiveness as an integral part of national industry. We contribute to national industrial development by enhancing shareholder value.

Industry experts predict that this decision will serve as an important signal for policies to protect key domestic industries. Given the symbolic nature of the NPS as a public institution, this decision goes beyond the formal voting process and has implications for industrial policy consensus.