Initial Thoughts on the Hyundai Oilbank IPO & NAV Analysis on Hyundai Heavy Industries Holdings
Hyundai Oilbank has announced it plans to complete its IPO in 2022. Our NAV analysis suggests a base case valuation of 90,948 won per share for...
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Doosan Infracore: Investco Split Off & Merger Ratio Announced
We expect the split off and merger of Doosan Infracore's investment assets to DHIC is likely to result in a higher re-rating of the company's core...
305 Views
Korea M&A Spotlight: Hyundai Global Service Negotiating with KKR for a Potential Major Investment
It was reported on 23 October that Hyundai Global Service, which is currently 100% owned by Hyundai Heavy Industries Holdings (267250 KS), is...
281 Views
COVID-19 and ESG: Tencent, Alibaba Lead in Coronavirus Aid for Asia Pacific Region
"Social" has been a third-wheel ESG pillar for a long time. Not that it matters any less, and there is plenty of evidence that strong Social-pillar...
633 Views
Hyundai Heavy Industries Holdings: A Big Share Buyback & SOTP Valuation Sensitivity Analysis
Hyundai Heavy Industries Holdings (267250 KS) (HHIH) announced on February 6th a big share buyback program involving 488,000 shares for the purpose...
404 Views