Korea Zinc-Backed Fund Faces Uncertainty Over 65 Billion Won Entertainment Investments
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.
Coverage (4)
- Korea Zinc Faces Losses as Choi Family Recovers Investment (businesskorea.co.kr)
- Korea Zinc Fund Backed Three Entertainment Firms; 65 Billion Won at Risk (en.sedaily.com)
- Korea Zinc's $50.2 Million Investment in Three Entertainment Firms Sparks Recovery Concerns Over $47.3 Million (finance.biggo.com)
- Korea Zinc-Backed Fund Faces Uncertainty Over 65 Billion Won Investments (businesskorea.co.kr)