Daily BriefsSouth Korea

Daily Brief South Korea: Kum Yang and more

In today’s briefing:

  • Will A Saudi Arabian Investment Company Save Kum Yang From Delisting?


Will A Saudi Arabian Investment Company Save Kum Yang From Delisting?

By Douglas Kim

  • In this insight, we discuss whether a Saudi Arabian investment company (SKAEEB) could save Kum Yang (001570 KS) from delisting.
  • There are several aspects of this deal with SKAEEB that are a bit fishy. 
  • 1) A 50% Market Premium is Not Justified; 2) Does SKAEEB have enough money? 3) Control does not change

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