Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

2024 High Conviction: [KT&G - Likely To Announce Cigarette Price Hikes in 2H24]

KT&G: A New Shareholder Return Policy Worth 2.8 Trillion Won Over Next 3 Years

Alpha Generation Through Share Buybacks in Korea: August & September 2023

Event-Driven

<ul>
<li>One of the biggest news facing KT&amp;G this year as been a class action lawsuit against KT&amp;G's directors by Flashlight Capital Partners.</li>
<li>KT&amp;G announced that it will cancel 3.5 million shares (about 315 billion won) on 16 February, which represent 2.6% of its outstanding shares and 16.7% of treasury shares.</li>
<li>One of the major reasons why we remain positive on KT&amp;G is that there is a relatively high probability of the company announcing cigarette price hikes in 2H 2024.</li>
</ul>


One of the biggest news facing KT&amp;G this year as been a class action lawsuit against KT&amp;G's directors by Flashlight Capital Partners.
KT&amp;G announced that it will cancel 3.5 million shares (about 315 billion won) on 16 February, which represent 2.6% of its outstanding shares and 16.7% of treasury shares.
One of the major reasons why we remain positive on KT&amp;G is that there is a relatively high probability of the company announcing cigarette price hikes in 2H 2024.


A First Major Class Action Lawsuit Against KT&G's Directors by FCP + KT&G's Results Analysis in 2023

KT&G Corporation

A First Major Class Action Lawsuit Against KT&G's Directors by FCP + KT&G's Results Analysis in 2023