businesskorea.co.kr

Korea Zinc-Backed Fund Faces Uncertainty Over 65 Billion Won Entertainment Investments

Korea Zinc logoKorea Zinc
Sig3.32Sen-4.80Env0.00Soc0.00Gov-4.34

An affiliate fund backed by Korea Zinc faces uncertainty over roughly 65 billion won invested in three unlisted entertainment firms. Hi-Hat and Slingshot Studio have suffered total capital impairment, while Arc Media’s revenue plunged 79.6% in 2025 and it continues to post operating losses. Korea Zinc put 69 billion won into the OneAsia fund; recovery is seen limited given bond repayment priorities and weak exit prospects.

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