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

Let’s Get Real About the Odds of MBK Launching a New Tender for YPP

Need a Game Plan to Tackle Korea Zinc's Buyback Tender with a 20% Proration Risk

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

Korea Zinc: Latest Stockholder Record for Proration Risk

Another Play to Consider: Spread Trading Korea Zinc Single-Stock Futures

MBK Rules Out Further Tender Price Hike for Korea Zinc, Game Plans Shift

Clepsydra Capital

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

Event-Driven

<ul>
<li>MBK officially disclosed that they scooped up 5.34% of the Korea Zinc (010130 KS) shares in the tender that wrapped up today.</li>
<li>MBK scored a partial win by securing more voting rights than Choi, with unexpected backing from foreign and local institutions, likely due to proration risk over legal issues.</li>
<li>Still, securing just 5.34% puts MBK in a tough position, requiring them to navigate minority shareholder votes while pushing hard on the legal front to block the buyback.</li>
</ul>


MBK officially disclosed that they scooped up 5.34% of the Korea Zinc (010130 KS) shares in the tender that wrapped up today.
MBK scored a partial win by securing more voting rights than Choi, with unexpected backing from foreign and local institutions, likely due to proration risk over legal issues.
Still, securing just 5.34% puts MBK in a tough position, requiring them to navigate minority shareholder votes while pushing hard on the legal front to block the buyback.


MBK's Korea Zinc & Young Poong Precision Tender Results Officially Out