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

Breaking Down the Details of Korea Zinc’s Shocking Capital Raise

FSS Briefing on Korea Zinc: Likely to Retract Rights Offering; Set up Trades for Passive Outflows

Clearing up the FSS's Authority on Capital Increases in Korea: Korea Zinc & Kum Yang

Korea Zinc’s Buyback Likely Hit Half Target—Watch for Next Moves

A More Logical Take on Today’s Price Action for Korea Zinc and YPP

Entry Opportunities from Delisting Risk Due to Korea Zinc's Post-Buyback Volume Drying Up

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>There's still 13.67% of neutral votes up for grabs, sparking market chatter about a fresh tender. But Choi is focusing on reviving voting rights for treasury shares.</li>
<li>MBK stated today that Korea Zinc's 9.85% treasury shares might not be canceled and could be sold to employee stock ownership plans (ESOPs).</li>
<li>MBK may ramp up open market buying sooner and more aggressively than expected, likely already impacting Korea Zinc's stock price starting today.</li>
</ul>


There's still 13.67% of neutral votes up for grabs, sparking market chatter about a fresh tender. But Choi is focusing on reviving voting rights for treasury shares.
MBK stated today that Korea Zinc's 9.85% treasury shares might not be canceled and could be sold to employee stock ownership plans (ESOPs).
MBK may ramp up open market buying sooner and more aggressively than expected, likely already impacting Korea Zinc's stock price starting today.


Korea Zinc's Buyback Results and Price Actions from Potential Sale of 9.85% Treasury to ESOP