Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

New Tender Trigger in Korea: Small Shareholder Collective Action Via Online Platform on T'way Air

Daemyung Sono Group: Close to Acquiring the Controlling Stake in T'Way Air

StubWorld: Daemyung Sono Takes Control Of T'Way Holdings (004870 KS)

Jeju Air: A Big Beneficiary of Travel Resurgence in Asia + A Likely Inclusion in KOSPI 200 in 2023

T'Way Air: Increasing Possibility of an M&A Fight Between Yearimdang and Daemyung Sono Group

Digging into Today’s Potential T'way Air Tender Offer Saga

Douglas Research Advisory

Event-Driven

<ul>
<li>In the past two trading days, share prices of T'Way Air (091810 KS) and T'Way Holdings (004870 KS) are down 16.4% and 14.1%, respectively.</li>
<li>According to Hankyung daily, Daemyung Sono Group Chairman Seo may choose to wage a public opinion war, instead of purchasing additional shares.  </li>
<li>If Daemyung Sono Group is unable to take over the management control of T'Way Air using this method, then a potential tender offer of T'Way Air is possible later on. </li>
</ul>


In the past two trading days, share prices of T'Way Air (091810 KS) and T'Way Holdings (004870 KS) are down 16.4% and 14.1%, respectively.
According to Hankyung daily, Daemyung Sono Group Chairman Seo may choose to wage a public opinion war, instead of purchasing additional shares.  
If Daemyung Sono Group is unable to take over the management control of T'Way Air using this method, then a potential tender offer of T'Way Air is possible later on. 


Daemyung Sono Group May Wage a Public Opinion War for T'Way Air