Yonhap Infomax NewsA Seoul court has invalidated Korea Zinc's 530 billion won share issuance to Hyundai Motor Group, citing a violation of foreign joint venture rules, intensifying the control dispute among major shareholders.
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https://en.infomaxai.com/news/articleView.html?idxno=69657
Court Rules 2023 Korea Zinc 530 Billion Won Hyundai Motor Capital Increase Invalid (Comprehensive)
A Seoul court has invalidated Korea Zinc's 530 billion won share issuance to Hyundai Motor Group, citing a violation of foreign joint venture rules, intensifying the control dispute among major shareholders.