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

Clarifications About Hyundai Robotics Rights Offering Terms

Summary of Innox Corp's Holdco/Opco Demerger

Update on Innox Corp's Holdco/Opco Demerger

Event-Driven

<p>We have another interesting tender offer thing in Korea, which is very similar (in fact, almost identical to that of Hyundai Robotics' recent tender offer). <a href="https://www.smartkarma.com/entities/10046" target="_blank" data-smartkarma-citation="entities:10046:1">Innox Corp (088390 KS)</a> officially said in a regulatory filing (submitted after the market closed on Aug 30) that they will do a tender offer to the shareholders of <a href="https://www.smartkarma.com/entities/24223" target="_blank" data-smartkarma-citation="entities:24223:1">Innox Advanced Materials Co.,Ltd. (272290 KS)</a>. They obviously needed this tender offer to increase its Innox Advanced Materials stakes to more than 20% to qualify itself as a…</p>

We have another interesting tender offer thing in Korea, which is very similar (in fact, almost identical to that of Hyundai Robotics' recent tender offer). Innox Corp (088390 KS) officially said in a regulatory filing (submitted after the market closed on Aug 30) that they will do a tender offer to the shareholders of Innox Advanced Materials Co.,Ltd. (272290 KS). They obviously needed this tender offer to increase its Innox Advanced Materials stakes to more than 20% to qualify itself as a…

Innox Advanced Materials Co,Ltd. (272290 KS)

Innox Corp

Innox Corp's Tender Offer Summary