Daily BriefsSouth Korea

Daily Brief South Korea: Youngone Corp, Doubleugames Co, Ltd. and more

In today’s briefing:

  • A Brewing Proxy Battle for Youngone Corp in 2027 [Quad Asset/Activist Investors Vs Chairman Sung]
  • Active Portfolio Ideas: Strategic Reviews, Potential Takeovers, and Market Overreactions in 2026


A Brewing Proxy Battle for Youngone Corp in 2027 [Quad Asset/Activist Investors Vs Chairman Sung]

By Douglas Kim

  • There is an increasing likelihood of a proxy battle for Youngone Corp (111770 KS) involving several corporate activist investors versus Chairman Sung Ki-hak/family. 
  • An intense battle appears inevitable at the 2027 regular AGM, which is less than a year away, especially if multiple institutional investors form a shareholder coalition.
  • There could be least five institutional investors (including Quad Asset Mgmt and VIP Asset Mgmt) that may try to raise corporate activism on Youngone Corp. 

Active Portfolio Ideas: Strategic Reviews, Potential Takeovers, and Market Overreactions in 2026

By Special Situation Investments

  • DoubleU Games plans to increase capital returns post-privatization of DoubleDown Interactive, with significant net cash reserves.
  • Watches of Switzerland has received credible takeover offers, with fundamentals providing downside protection and potential double-digit bid expectations.
  • Currency Exchange International’s high-margin FX Payments business contributes to a 106% return, with potential uplisting to the US by 2027.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars