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

Four Companies Likely to Switch Their Listing from KOSDAQ to KOSPI in 2023/2024

Nice Information Service: KRX Approves Switching Its Listing from KOSDAQ to KOSPI

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

Event-Driven

<ul>
<li>On 21 November, Nice Holdings (034310 KS) announced new shareholder return policies that included material increase in dividends and share cancellations.</li>
<li>First, Nice Holdings has decided to raise dividends by more than 10% every year for the next three years. Nice Holdings paid dividend per share of 410 won last year. </li>
<li>Nice Holdings also announced that it will cancel more than 1% of total outstanding shares every year for the next three years. </li>
</ul>


On 21 November, Nice Holdings (034310 KS) announced new shareholder return policies that included material increase in dividends and share cancellations.
First, Nice Holdings has decided to raise dividends by more than 10% every year for the next three years. Nice Holdings paid dividend per share of 410 won last year. 
Nice Holdings also announced that it will cancel more than 1% of total outstanding shares every year for the next three years. 


Nice Holdings: Material Increase in Dividends and Share Cancellations