Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Event-Driven

Samsung Heavy Industries Pref / Event-Driven

<ul>
<li>The Korea Exchange officially announced today that the following five preferred stocks will be delisted on 17 July.</li>
<li>These five stocks including Samsung Heavy Industries Pref, SK Networks Pref,  DB Hitek Pref, Hyundai BNG Steel Pref, and Heungkuk Fire &amp; Marine Insurance Pref 2B fell sharply today.   </li>
<li>Despite the warning by the Korea Exchange since end of May, it was not until today that these five stocks dropped sharply. On average, these five stocks fell 44% today. </li>
</ul>


The Korea Exchange officially announced today that the following five preferred stocks will be delisted on 17 July.
These five stocks including Samsung Heavy Industries Pref, SK Networks Pref,  DB Hitek Pref, Hyundai BNG Steel Pref, and Heungkuk Fire &amp; Marine Insurance Pref 2B fell sharply today.   
Despite the warning by the Korea Exchange since end of May, it was not until today that these five stocks dropped sharply. On average, these five stocks fell 44% today. 


Delisting of 5 Korean Preferred Stocks on 17 July

<ul>
<li>In this insight, we discuss the increasing likelihood of delisting of five preferred stocks in Korea at end of June.</li>
<li>These five preferred stocks are as follows: Samsung Heavy Industries Pref, SK Networks Pref, DB Hitek Pref, Hyundai BNG Steel Pref, and Heungkuk Fire &amp; Marine Insurance Pref 2B. </li>
<li>Because the combined market cap of these five preferred shares is 37 billion won, it will have only a minor, positive impact on their common counterparts.</li>
</ul>


In this insight, we discuss the increasing likelihood of delisting of five preferred stocks in Korea at end of June.
These five preferred stocks are as follows: Samsung Heavy Industries Pref, SK Networks Pref, DB Hitek Pref, Hyundai BNG Steel Pref, and Heungkuk Fire &amp; Marine Insurance Pref 2B. 
Because the combined market cap of these five preferred shares is 37 billion won, it will have only a minor, positive impact on their common counterparts.


Potential Delisting of 5 Preferred Stocks in Korea at End of June

South Korea

Samsung Heavy Industries Co., Ltd. manufactures crude oil tankers, container vessels, bulk carriers, cruisers, and passenger ferries.  The Company also produces steel and bridge structures, and material handling equipment.  In addition, Samsung Heavy Industries provides civil engineering, architectural, and plant construction services.

Samsung Heavy Industries Pref (010145 KS)

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Samsung Heavy Industries Pref (010145 KS)

Delisting of 5 Korean Preferred Stocks on 17 July

The Korea Exchange officially announced today that the following five preferred stocks will be delisted on 17 July. On average, these five stocks...

Douglas Kim

Potential Delisting of 5 Preferred Stocks in Korea at End of June

In this insight, we discuss the increasing likelihood of delisting of five preferred stocks in Korea at end of June including Samsung Heavy...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)