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

Three IPO Candidates of the Dongwon Group (StarKist, Dongwon Loex, and Dongwon Home Food)

KOSPI 200: LG Energy Solution Inclusion and Dongwon F&B Exclusion

Merger of Dongwon Industries & Dongwon Enterprise

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Douglas Research Advisory

Event-Driven

<ul>
<li>Dongwon Group's decision to merge Dongwon F&amp;B and Dongwon Industries into one company is a positive move.</li>
<li>Dongwon F&amp;B will be incorporated as a wholly-owned subsidiary of Dongwon Industries and will be delisted.</li>
<li>Post stock swap between Dongwon Industries and Dongwon F&amp;B, the surviving entity (Dongwon Industries) is a likely candidate for KOSPI 200 inclusion in 2H 2025/2026.</li>
</ul>


Dongwon Group's decision to merge Dongwon F&amp;B and Dongwon Industries into one company is a positive move.
Dongwon F&amp;B will be incorporated as a wholly-owned subsidiary of Dongwon Industries and will be delisted.
Post stock swap between Dongwon Industries and Dongwon F&amp;B, the surviving entity (Dongwon Industries) is a likely candidate for KOSPI 200 inclusion in 2H 2025/2026.


Dongwon F&B: Delisting and Incorporation as a Wholly Owned Subsidiary of Dongwon Industries