Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Korea Zinc: Remaining Free Float Post Tender and a Margin Call for Choi on Young Poong Precision?

Korea Zinc: Increased Volatility in Share Price Post Korea Zinc's Tender Offer Results

Korea Zinc - Rights Offering of 2.5 Trillion Won Is a Display Of "Korea Discount" At Its Worst

Korea Zinc Raises Share Buyback and Tender Offer Price to 890,000 Won

Korea Zinc's 2.4% Treasury Shares - Devil Is In the Legal Loophole

Scenario Analysis of Korea Zinc's Share Buyback, Cancellation, and Tender Offer + NPS's Five Options

Douglas Research Advisory

Event-Driven

<ul>
<li>The Seoul Central District Court dismissed the second injunction filed by MBK Partners and Young Poong to suspend the share buyback/tender offer by Korea Zinc Chairman Choi and his allies.</li>
<li><em><strong>As a result of the court dismissing the second injunction filed by MBK, the M&amp;A fight for Korea Zinc is likely to continue until the AGM in March 2025.  </strong></em></li>
<li>Depending upon Korea Zinc's tender offer subscription, there is a possibility of MBK buying more shares directly from the market if the subscription falls below the proposed amounts. </li>
</ul>


The Seoul Central District Court dismissed the second injunction filed by MBK Partners and Young Poong to suspend the share buyback/tender offer by Korea Zinc Chairman Choi and his allies.
As a result of the court dismissing the second injunction filed by MBK, the M&amp;A fight for Korea Zinc is likely to continue until the AGM in March 2025.  
Depending upon Korea Zinc's tender offer subscription, there is a possibility of MBK buying more shares directly from the market if the subscription falls below the proposed amounts. 


Korea Zinc: Court Dismisses the Second Injunction Filed by MBK