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

NAV Analysis of Young Poong and Three Potential Scenarios of Choi Family's Strategy to Fight Back

NAV Valuation of Young Poong Precision and A Case Study for Future Tender Offers in Korea

Korea Investment Securities to Step up as the White Knight for Choi Family at Korea Zinc

MBK Partners and Jang Family Partner to Control Korea Zinc + Tender Offer of 14.6% of Korea Zinc

A Separation of Korea Zinc Group & Young Poong Group by the Choi & Jang Families?

Korea Zinc: Impressive Capital Return Plans and a Big Price Gap Between Korea Zinc and Young Poong

MBK’s Dual Tenders for Korea Zinc and Youngpoong Precision: The Largest Deal Ever in Korea

Douglas Research Advisory

Event-Driven

<ul>
<li>After the market close on 12 September, Hankyung Business Daily reported that MBK Partners plans to conduct a tender offer of 43.43% stake in Young Poong Precision.</li>
<li><em><strong>The tender offer price is 20,000 won per share (113% higher than the closing price on 12 September). </strong></em></li>
<li>Choi family currently controls Young Poong Precision. MBK plans to secure a controlling stake and obtain voting rights for the 1.85% stake in Korea Zinc held by Young Poong Precision.</li>
</ul>


After the market close on 12 September, Hankyung Business Daily reported that MBK Partners plans to conduct a tender offer of 43.43% stake in Young Poong Precision.
The tender offer price is 20,000 won per share (113% higher than the closing price on 12 September). 
Choi family currently controls Young Poong Precision. MBK plans to secure a controlling stake and obtain voting rights for the 1.85% stake in Korea Zinc held by Young Poong Precision.


Tender Offer of 43.4% Stake in Young Poong Precision by MBK