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

Attractive Yield of Kumho Petrochem Pref Shares Amid 100 Billion Won of Common Shares Cancellation

Kumho Petrochemical - A Significant Shares Cancellation Announcement

Block Deal Sale of Kumho Tire: More Shares Likely to Be Sold by Creditors

Korean Companies Announcing Share Cancellations Are Outperforming the Market

The M&A Fight for Kumho Petrochem - Time Is On the Side of Park Chul Wan

Kumho Petrochemical: Restart of the M&A Fight Between Uncle and Nephew

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Event-Driven

<ul>
<li>After the market close on 8 March, Kumho Petro Chemical (011780 KS) announced major share buyback, dividends, and investment plans.</li>
<li>Kumho Petrochem's share price has nearly halved since its 52 week highs in May 2021. </li>
<li>The company's efforts to buyback shares and cancel them (about 3% of outstanding shares) as well as higher dividends are likely to reverse this share price decline.</li>
</ul>


After the market close on 8 March, Kumho Petro Chemical (011780 KS) announced major share buyback, dividends, and investment plans.
Kumho Petrochem's share price has nearly halved since its 52 week highs in May 2021. 
The company's efforts to buyback shares and cancel them (about 3% of outstanding shares) as well as higher dividends are likely to reverse this share price decline.


Kumho Petrochem: Share Buyback, Cancellations, & Higher Dividends