Hyosung Tender Arb Trade: Spread at 3.81% & Proration Risk Still Seems Low
Holdco price was up 6.92%. Heavy price is pegged to Holdco price. Heavy was also up 5.90%. What is noteworthy is Heavy's price gain was a little...
437 Views
Hyosung Tender Offer: Arb Trading Status
Hyosung Holdings tendering price is finalized at ₩48,850. We now have all the swap ratios fixed. Tendering will begin this Wednesday (Nov 28) and...
348 Views
Korea Stock Market Monthly Recap #30 (October 2018)
The Korean stock market fell sharply in October and KOSPI is down 13% this month. Nikkei is down 9% and S&P 500 is down 8% this month as well....
502 Views
Hyosung's Surprise Gift Makes It More Tempting to Buy Heavy & Chem Shares to Reap 10% Yield Now
Holdings' surprise gift with a huge year-end dividend has one very important and reasonable IMPLICATION: the major shareholder and the management...
554 Views
Hyosung Holdings Four Way Tender Offer: Last Major Arb Event in Korea This Year
Hyosung Corporation (004800 KS), also referred to as Hyosung Holdings, announces a four-way tender offer whose total value is ₩597.6bil. It...
713 Views