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KOREA ZINC INC [Amended] Litigation

KOREA ZINC INC

AI summary · Not investment advice

YOUNGPOONG CORPORATION appealed the first-instance ruling in a shareholder derivative suit involving KOREA ZINC INC, and the case number was corrected to 2026Na206189.

Claim amount

KRW 837.0 billion

Amount the defendants are asked to pay Korea Zinc jointly

Key facts

Plaintiff/Applicant
Appellant (plaintiff): Young Poong Corporation; respondents (defendants): Korea Zinc CEO Park** and 9 others
Claim 1
[Purport of appeal] 1. The first-instance judgment shall be revoked.
Claim 2
2. The defendants shall jointly pay Korea Zinc KRW 836,951,490,713, plus 12% annual interest until paid: on KRW 673,209,900,000 from the day after final service of the complaint, on KRW 163,300,030,713 from 2026.03.13, and on KRW 441,560,000 from the day after service of the 2026.04.23 amendment.
Claim 3
3. The defendants shall bear all litigation costs. 4. Paragraph 2 may be provisionally enforced.
Court
Seoul High Court
Filing date
Oct 30, 2026Date the appellant (plaintiff) filed the notice of appeal
Company response
The company is not a party to the lawsuit, so there is no confirmed response plan.
Case
Shareholder derivative lawsuit (damages) appeal
Case number
2026Na206189Previously 2024Gahap107981 (first-instance case number)
Date confirmed
Oct 30, 2026Date the company received the notice of appeal from the respondents
Related disclosure
Oct 23, 2026 Disclosure of litigation judgment/decision

Earlier Litigation filings from this company

Filings of the same type
FiledTitleKey figure · Note
26.11.13Litigation—

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