Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Doosan Robotics - End of Lockup Period For 34% of Outstanding Shares

Potential Sale of a Controlling Stake in SK Siltron to Hahn & Co

Confirmation of Cancellation of Treasury Shares To Be Made Into Law by End of 2025 and a Loophole?

Ruling Party Unveils Key Details of 3rd Commercial Act Amendment: Mandatory Treasury-Share Disposal

Douglas Research Advisory

Event-Driven

<ul>
<li>On 23 December, Doosan Corp (000150 KS) announced that it plans to sell an 18.05% stake (11.7 million shares) in Doosan Robotics (454910 KS) for 948 billion won.</li>
<li>It appears that the main purpose of sale is to secure adequate capital for Doosan Corp to acquire SK Siltron which is up for sale.</li>
<li>SK Siltron's corporate value is estimated at around 5 trillion won, so the transaction size for the 70.6% stake up for sale is expected to 3-4 trillion won+.</li>
</ul>


On 23 December, Doosan Corp (000150 KS) announced that it plans to sell an 18.05% stake (11.7 million shares) in Doosan Robotics (454910 KS) for 948 billion won.
It appears that the main purpose of sale is to secure adequate capital for Doosan Corp to acquire SK Siltron which is up for sale.
SK Siltron's corporate value is estimated at around 5 trillion won, so the transaction size for the 70.6% stake up for sale is expected to 3-4 trillion won+.


Doosan Corp To Sell 18.05% Stake in Doosan Robotics for 948 Billion Won