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

WCP IPO: Order Table, Revised Terms, & Passive Flow Schedule

Trading Strategy for WCP Post Lowered IPO Price

End of Mandatory Lock-Up Periods for 58 Companies in Korea in December 2022

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

HPSP Preview: A Korean IPO With Best Fundamentals So Far in 2022

Equity Capital Markets

<ul>
<li>Several local Korean media reported that the initial book building results for the WCP IPO has been disappointing.</li>
<li>The IPO could be priced close to 60,000 won to 65,000 won won, which would be about 19%-25% lower than the low end of the IPO price range.</li>
<li>The final decision as to whether or not WCP will go ahead with the IPO at lower price or delay it altogether is expected to be made on/near 19 September.</li>
</ul>


Several local Korean media reported that the initial book building results for the WCP IPO has been disappointing.
The IPO could be priced close to 60,000 won to 65,000 won won, which would be about 19%-25% lower than the low end of the IPO price range.
The final decision as to whether or not WCP will go ahead with the IPO at lower price or delay it altogether is expected to be made on/near 19 September.


Poor Initial IPO Book Building Results for WCP