bullish

Webzen Inc

KOSDAQ150 Adhoc Index Rebalance: Webzen to Replace Connectwave

252 Views12 Aug 2024 17:28
Webzen will replace Connectwave in the KOSDAQ150 Index effective 16 August. Passives need to trade over 2x ADV in both stocks. There are implications for the KRX New Deal Internet Index too.
What is covered in the Full Insight:
  • Introduction
  • Connectwave Delisting Impact
  • MBK Partners Tender Offer
  • KRX Announcement and Rebalance
  • Other Impacts and Conclusions
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