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

Launch of Korea Value Up Index in September

Sanil Electric IPO Book Building Results Analysis

Korea's New IPO Bookbuilding & Lockup Results Disclosure Rule, Effective from August

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

Douglas Research Advisory

Cross Asset Strategy

<ul>
<li>Starting 1 August, there will be several significant changes to the IPO book building and lockup results disclosure polices in Korea. </li>
<li>When conducting the comps analysis for IPOs, if there are competing companies that are excluded, then the companies need to provide more detailed reasons as to why they are excluded.</li>
<li>The new, stringent IPO rules are likely to bring about a greater scrutiny on the IPO valuations of newly listed companies in Korea. </li>
</ul>


Starting 1 August, there will be several significant changes to the IPO book building and lockup results disclosure polices in Korea. 
When conducting the comps analysis for IPOs, if there are competing companies that are excluded, then the companies need to provide more detailed reasons as to why they are excluded.
The new, stringent IPO rules are likely to bring about a greater scrutiny on the IPO valuations of newly listed companies in Korea. 


New Changes in the IPO Bookbuilding and Valuation Process Disclosure Policies in Korea