Soulbrain's Company Split & Formation of a Holdco
On January 22nd, Soulbrain (036830 KS) (market cap of 1.8 trillion won; $1.6 billion) announced its plans to form a holding company structure....
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Hyundai Electric Rights Offer: Trade Dynamics Checking
Tomorrow is the ex-rights date of the Hyundai Electric rights offer. The issuer did preliminary pricing at ₩7,500 on Nov 4. This price usually...
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Hyundai Electrics Rights Offer: Summary & Approach
Hyundai Electric announces a ₩150bil rights offer. Capital increase rate is 77% with a 44% dilution. There will be a 0.62 new share for each old...
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HHI - DSME Acquisition: Current Situation & Trade Approach
The DSME deal between HHI and KDB was officially finalized last Friday. We will then have the following four step process. Schedule detail is yet...
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DSME Perpetual CBs Owned by Korea Eximbank: Situational Assessment & Trade Approach
DSME has this ₩2.3tril worth of CBs that carry a 30 year maturity. Korea Eximbank is the holder. HHI wants no change. Eximbank wants out as soon...
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