ConsumerDaily Briefs

Daily Brief Consumer: S.M.Entertainment Co and more

In today’s briefing:

  • A Discussion with Align Partners’ CEO on SM Entertainment

A Discussion with Align Partners’ CEO on SM Entertainment

By Douglas Kim

  • This past week, I had a discussion with Changhwan Lee, the founder and CEO of Align Partners which is currently an activist investor on S.M.Entertainment Co (041510 KS).
  • This insight provides the details of why Align Partners is going activist on SM Entertainment. 
  • Through more successful proxy fights such as SM Entertainment, there could be greater value that could be unlocked from many listed companies in Korea with poor corporate governance. 

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