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

Huge Spread Opening in Jeil Pharma Holdings Tender Event: Spread Is Now at +12%

Event-Driven

<a href="https://www.smartkarma.com/entities/2301" target="_blank" data-smartkarma-citation="entities:2301:1">Jeil Pharma Holdings (002620 KS)</a> made it official that it will target a total 7,000,000 <a href="https://www.smartkarma.com/entities/27529" target="_blank" data-smartkarma-citation="entities:27529:1">Jeil Pharmaceutical (271980 KS)</a> shares (47.6% of total shares) at ₩53,874 in order to complete the holding company conversion.<a href="https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20181004000582" target="_blank">Here is the link of the regulatory filing about this</a>. (Source: DART)Below is my own summary of this tender event.

Jeil Pharma Holdings (002620 KS) made it official that it will target a total 7,000,000 Jeil Pharmaceutical (271980 KS) shares (47.6% of total shares) at ₩53,874 in order to complete the holding company conversion.Here is the link of the regulatory filing about this. (Source: DART)Below is my own summary of this tender event.

Jeil Pharma Holdings (002620)​: ₩377bil Tender Event Summary

Jeil Pharmaceutical

Jeil Pharma Holdings (002620)​: ₩377bil Tender Event Summary

Jeil Pharma Holdings (002620): ₩377bil Tender Event Summary