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

Young Poong Precision (036560 KS) Also Now Trading Through Terms

Details of MBK's Four Major Concerns on Management of Korea Zinc

What Are Locals Saying About Potential Allies to Choi Family in Fight for Korea Zinc?

NAV Valuation of Young Poong Precision and A Case Study for Future Tender Offers in Korea

MBK Partners and Jang Family Partner to Control Korea Zinc + Tender Offer of 14.6% of Korea Zinc

NAV Analysis of Young Poong and Three Potential Scenarios of Choi Family's Strategy to Fight Back

Douglas Research Advisory

Event-Driven

<ul>
<li>Hankyung Business Daily reported that Korea Investment Securities (KIS) is in a serious discussion with the Choi family of Korea Zinc to step up as a white knight.</li>
<li>KIS/Choi family are considering a plan to launch a counterbid against Jang family and MBK by investing around 2 trillion won+ along with other private equity funds.</li>
<li>It is probable that tender offer price of Korea Zinc could be raised by 15-25% due to a likely counterbid and current price trading 7% higher than tender offer price.</li>
</ul>


Hankyung Business Daily reported that Korea Investment Securities (KIS) is in a serious discussion with the Choi family of Korea Zinc to step up as a white knight.
KIS/Choi family are considering a plan to launch a counterbid against Jang family and MBK by investing around 2 trillion won+ along with other private equity funds.
It is probable that tender offer price of Korea Zinc could be raised by 15-25% due to a likely counterbid and current price trading 7% higher than tender offer price.


Korea Investment Holdings Co, Ltd. (071050 KS)

Korea Investment Securities to Step up as the White Knight for Choi Family at Korea Zinc