Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>During the public hearing, Lee Jae-myung asked Simpac's CFO about their 0.3x PBR, then remarked, "That’s prime territory for a hostile M&amp;A."</li>
<li>With PBRs under 0.3x, these companies may roll out shareholder returns to manage political pressure—definitely worth tracking from a value-up trading perspective.</li>
<li>Hanwha is interesting due to its room for shareholder returns and potential merger with Hanwha Energy. With the new Commercial Act, a public tender offer is likely. Worth watching closely.</li>
</ul>


During the public hearing, Lee Jae-myung asked Simpac's CFO about their 0.3x PBR, then remarked, "That’s prime territory for a hostile M&amp;A."
With PBRs under 0.3x, these companies may roll out shareholder returns to manage political pressure—definitely worth tracking from a value-up trading perspective.
Hanwha is interesting due to its room for shareholder returns and potential merger with Hanwha Energy. With the new Commercial Act, a public tender offer is likely. Worth watching closely.


Korea’s Dem Leader: PBR Under 0.3x Should Be Hostile M&A Targets – Names That Could Feel the Heat

South Korea

Hanjin Heavy Industries & Construction Holdings Co.,Ltd. through its subsidiaries, invests in, develops and manages diverse line of businesses.  The Company operates gas distribution, engineering, leisure, and real estate businesses. Hanjin invests in shipbuilding, transportation, and constructions.

Hanjin Heavy Ind & Const Holdings (003480 KS)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Korea’s Dem Leader: PBR Under 0.3x Should Be Hostile M&A Targets – Names That Could Feel the Heat

The Democratic Party leader’s bold move: “A PBR under 0.3x is prime for a hostile M&A target.” Here are the stocks that could feel the heat.

Sanghyun Park