In today’s briefing:
- Namyang Dairy Products: Long Legal Dispute to Be Finally Decided by Supreme Court in January 2024
Namyang Dairy Products: Long Legal Dispute to Be Finally Decided by Supreme Court in January 2024
- The Korean Supreme Court’s ruling on the stock transfer lawsuit between Hahn & Company private equity fund and Namyang Dairy’s Chairman Hong Won-Sik is confirmed for 4 January 2024.
- The expectation of Hahn & Co winning this legal dispute has positively impacted the share price of Namyang Dairy Products.
- The higher probability scenario is for the Korean Supreme Court to rule in favor of Hahn & Co, agreeing with the decisions of the two lower courts in Korea.