In today’s briefing:
- WCP: Leading Producer of Separators for EV Batteries in Korea
- Gemadept Corporation (GMD VN/Buy/TP
WCP: Leading Producer of Separators for EV Batteries in Korea
- WCP is a leading maker of separators which are key materials used in EV batteries.
- WCP is a wholly-owned subsidiary of W-Scope in Japan. At the end of 2021, W-Scope Corp (Japan) owned a 49.7% stake in WCP.
- The company is expected to complete its IPO in 2022 and the valuation of WCP is expected to be about 3 trillion won to 4 trillion won.
Gemadept Corporation (GMD VN/Buy/TP
[Vietnam] Logistics July 5, 2022 (Update) Upside: 26%
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