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.
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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.

Yonhap Infomax
Korea Zinc’s 500 billion won share issuance to Hyundai Motor Group faces a court ruling on June 27, following a legal challenge by Young Poong Corp. over the validity and business purpose of the capital increase.
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https://en.infomaxai.com/news/articleView.html?idxno=66999
Validity of Korea Zinc’s 500 Billion Won Share Issuance to Hyundai Motor to Be Ruled on June 27

Korea Zinc’s 500 billion won share issuance to Hyundai Motor Group faces a court ruling on June 27, following a legal challenge by Young Poong Corp. over the validity and business purpose of the capital increase.

Yonhap Infomax
Court upholds only cumulative voting system from Korea Zinc's January shareholder meeting, suspends other resolutions and directors' duties amid legal challenge from major shareholder Young Poong Corp.
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https://en.infomaxai.com/news/articleView.html?idxno=53419
Korea Zinc Shareholder Meeting Resolution - Only Cumulative Voting System Remains in Effect, Directors' Duties Suspended

Court upholds only cumulative voting system from Korea Zinc's January shareholder meeting, suspends other resolutions and directors' duties amid legal challenge from major shareholder Young Poong Corp.

Yonhap Infomax