Exchange "Zico, Occurrence of Substantial Review Reasons for Listing Eligibility"

[Asia Economy Reporter Minji Lee] The Korea Exchange announced on the 14th that it will decide whether the company falls under the review of the Corporate Evaluation Committee in accordance with Article 49 of the Securities Market Listing Regulations, in relation to the embezzlement and breach of trust charges against a current executive.

ZICO is currently suspended from trading due to refusal of audit opinions for the 2019 and 2020 audit reports, and the suspension will continue until the reasons for delisting criteria and substantive review of listing eligibility are resolved.