Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Doosan Heavy Ex-Rights Play Amid the Lockup Release (3.5% of SO) Next Monday

Doosan Heavy/Infracore Corporate Actions Walkthrough & KOSPI 200 Index Treatments

Doosan Heavy, Korea's Latest Meme Stock Without Substance?

Doosan Heavy Offering: Subs Rights Trading at a 3+% Spread, Not Adjusting Oversubscription

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Equity Capital Markets

Doosan Enerbility / Equity Capital Markets

<ul>
<li>Doosan Heavy issues 82.87M new shares at a tentative offering price of ₩18,100, which brings the offering value to ₩1.5T. It is one of the largest offerings in recent years.</li>
<li>The size is massive. ₩1.5T will hit the market. So, the subscription rights that will actually be floated around will be substantial.</li>
<li>I wouldn't want to miss out on the abundant circulation of subscription rights. So, I would approach a little aggressively by entering before the subscription rights trading window.</li>
</ul>


Doosan Heavy issues 82.87M new shares at a tentative offering price of ₩18,100, which brings the offering value to ₩1.5T. It is one of the largest offerings in recent years.
The size is massive. ₩1.5T will hit the market. So, the subscription rights that will actually be floated around will be substantial.
I wouldn't want to miss out on the abundant circulation of subscription rights. So, I would approach a little aggressively by entering before the subscription rights trading window.


Doosan Heavy Industries ₩1.5T Offering Details