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

SK Shieldus IPO: Industry Dynamics of Four Business Units

SK Square: NAV Post IPOs of SK Shieldus/OneStore and a Major Investment in ARM Holdings?

SK Telecom: ADT Caps Acquisition & Major Highlights from 1Q18 Conference Call

SK Square: NAV Valuation Analysis, 2 IPOs of Affiliates in 1H22, & Higher Weighting in MSCI Korea

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

Equity Capital Markets

<ul>
<li>SK Shieldus is getting ready to complete its IPO in Korea in May. The IPO price range is from 31,000 won to 38,800 won.</li>
<li>According to bankers' valuation, the expected market cap of SK Shieldus is from 2.8 trillion won to 3.5 trillion won. The IPO size ranges from $694 million to $869 million.</li>
<li>There has been a mini-drought of quality IPOs in Korea in recent months and the IPO of SK Shieldus would be the biggest IPO in Korea since LG Energy Solution. </li>
</ul>


SK Shieldus is getting ready to complete its IPO in Korea in May. The IPO price range is from 31,000 won to 38,800 won.
According to bankers' valuation, the expected market cap of SK Shieldus is from 2.8 trillion won to 3.5 trillion won. The IPO size ranges from $694 million to $869 million.
There has been a mini-drought of quality IPOs in Korea in recent months and the IPO of SK Shieldus would be the biggest IPO in Korea since LG Energy Solution. 


SK Shieldus

SK Shieldus IPO Preview