Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Two Key Positive Catalysts for Major Korean Holding Companies

FSC and KRX Jointly Announce Revisions to Spinoffs and Double Listings in Korea

Preemptive/Appraisal Rights to Parent Company Shareholders in ECO Listing in Korea

SK Inc - SoTP Valuation Analysis and 3 Key Catalysts (SK E&S, SK Pharmteco, & SK Siltron)

Merger of SK Inc & SK Materials Holdings: A Prelude to An Eventual Merger with SK Square?

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

Event-Driven

<ul>
<li>It has been confirmed that Londian Wason Holdings Co, a Chinese copper foil material producer, is pushing for a listing on the Hong Kong Stock Exchange in 2022.</li>
<li>Londian Wason Holdings' value could reach nearly 5 trillion won. SK Inc's 30% stake could be valued at about 1.5 trillion won. </li>
<li>Our updated SoTP valuation of SK Inc suggests implied price of 294,591 won per share, representing a 34% upside from current levels.</li>
</ul>


It has been confirmed that Londian Wason Holdings Co, a Chinese copper foil material producer, is pushing for a listing on the Hong Kong Stock Exchange in 2022.
Londian Wason Holdings' value could reach nearly 5 trillion won. SK Inc's 30% stake could be valued at about 1.5 trillion won. 
Our updated SoTP valuation of SK Inc suggests implied price of 294,591 won per share, representing a 34% upside from current levels.


SK Inc: Significant Gains of Nearly 1.1 Trillion Won in Londian Wason Holdings