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

Ssangyong C&E (003410 KS): Hahn & Co's Tender Offer

Korea M&A Spotlight: Ssangyong Cement Acquires Daehan Cement for 265 Billion Won

Tender Offer of Ssangyong Cement Preferred Shares by Hahn & Co

20 Stocks With Highest Dividend Yields in Korea & Ssangyong Cement

Korea M&A Spotlight: A Merger Between Hanil Cement & HLK Holdings

Event-Driven

Ssangyong Cement Industrial / Event-Driven

<ul>
<li>On 4 February, the local media reported that Hahn &amp; Co private equity firm is launching a tender offer on the remaining shares of Ssangyong Cement Industrial (003410 KS) (Ssangyong C&amp;E).</li>
<li>Tender offer price is 7,000 won (9.2% higher than the closing price on 2 February) and the tender offer amount is 702 billion won. </li>
<li>We believe Ssangyong C&amp;E's shares are likely close to the tender offer price today. We believe there is higher probability of Hahn &amp; Co successfully completing this tender offer. </li>
</ul>


On 4 February, the local media reported that Hahn &amp; Co private equity firm is launching a tender offer on the remaining shares of Ssangyong Cement Industrial (003410 KS) (Ssangyong C&amp;E).
Tender offer price is 7,000 won (9.2% higher than the closing price on 2 February) and the tender offer amount is 702 billion won. 
We believe Ssangyong C&amp;E's shares are likely close to the tender offer price today. We believe there is higher probability of Hahn &amp; Co successfully completing this tender offer. 


Hahn & Co Launches a Tender Offer on Remaining Shares of Ssangyong C&E