Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Event-Driven

We have a very unusual (but very interesting) rights offering in Korea. This time, Korea's oldest and largest wind power developer/operator called <a href="https://www.smartkarma.com/entities/18617" target="_blank" data-smartkarma-citation="entities:18617:1">Unison Co Ltd (018000 KS)</a> announced a ₩41.9bil rights offering late in the afternoon on Dec 14 (yesterday) after the market closed.<div class="content-highlight">Who is Unison?Unison, founded in 1984, is Korea’s oldest and largest wind power development/operation company. Unison has completed the development of Korea’s first large-scale commercial wind farm in Gangwon-province and Gyeongsangnam-province, and it has been operating them successfully.</div>

We have a very unusual (but very interesting) rights offering in Korea. This time, Korea's oldest and largest wind power developer/operator called Unison Co Ltd (018000 KS) announced a ₩41.9bil rights offering late in the afternoon on Dec 14 (yesterday) after the market closed.Who is Unison?Unison, founded in 1984, is Korea’s oldest and largest wind power development/operation company. Unison has completed the development of Korea’s first large-scale commercial wind farm in Gangwon-province and Gyeongsangnam-province, and it has been operating them successfully.

Innox Advanced Materials Co,Ltd. (272290 KS)

Unison Rights Offering Review - Very Unusual Event