Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Doosan Robotics: 2Q 2024 Results Analysis

Updated NAV Analysis of Doosan Corp Amid IPO of Doosan Robotics

Doosan Bobcat Block Deal Sale: Concerned About North America Construction Sector Downturn

Reorganization of the Doosan Group: Why Delist Doosan Bobcat (Jewel of Doosan Group)?

A Country Without Shareholder Rights (주주 권리가 없는 나라) - A Book Review

Douglas Research Advisory

Event-Driven

<ul>
<li>On 24 July, the Financial Supervisory Service (FSS) ordered the Doosan Group to resubmit the merger plan. </li>
<li>It is rare for FSS to reject companies' merger reports but there has been an exception this time since this deal is egregiously negative to many minority investors.</li>
<li>Doosan Group needs to resubmit a revised merger plan within next three months. Otherwise, the securities report involving the merger plan of the Doosan Group companies will be considered withdrawn. </li>
</ul>


On 24 July, the Financial Supervisory Service (FSS) ordered the Doosan Group to resubmit the merger plan. 
It is rare for FSS to reject companies' merger reports but there has been an exception this time since this deal is egregiously negative to many minority investors.
Doosan Group needs to resubmit a revised merger plan within next three months. Otherwise, the securities report involving the merger plan of the Doosan Group companies will be considered withdrawn. 


FSS Orders Doosan Group to Resubmit the Merger Plan - "Merger Plan Is Not Illegal, But Is It Fair?"

Doosan Bobcat Inc

FSS Orders Doosan Group to Resubmit the Merger Plan - "Merger Plan Is Not Illegal, But Is It Fair?"