The effect of the paid-in capital increase of the general public offering submitted by Korea Zinc on the 30th of last month has been suspended.
The Financial Supervisory Service said in a public announcement that Korea Zinc's securities report, which was submitted on the 30th of last month, required investors to submit a correction report because it could cause significant harm.
As a result, Korea Zinc's general public offering paid-in capital increase report was considered unaccepted and its effect was immediately suspended.
Korea Zinc must submit a correction report within the next three months, and if not, the paid-in capital increase will be considered withdrawn.
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